10 Aug 2022
By Mark Feder

Call in the Pros: 4 Ways That Using a Mortgage Professional Will Save You a Lot of Money

Home Mortgage Tips
It may seem better to go it alone when it comes to acquiring a mortgage, but there are many benefits associated with using a mortgage professional that can make finding your dream home a lot easier. If you're currently getting prepared to hit the market and are weighing your options, here are some reasons that a professional who knows the neighborhood will save you money. Strong Market Knowledge Many homebuyers can take a look at the MLS listings to find the price of properties selling in the area, but a mortgage professional will know the market without having to look…
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22 Jul 2022
By Mark Feder

3 Tips for Planning Your Monthly Mortgage Payment

Home Mortgage Tips
Once you've purchased a home and decided on a move in date, it may seem like a lot of the hard stuff is over, but you still have one of the most important things relating to such a large purchase to think about: the payments! If you're looking for a few tips on ways to approach your monthly payment, the following will steer you in the right direction so you can broach your mortgage schedule successfully. Set Up A Payment Schedule Many people have been in the situation of neglecting their phone or credit cards by forgetting about the payment…
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20 Jul 2022
By Mark Feder

Understanding Automated Underwriting and How It Impacts the Mortgage Application Process

Home Mortgage Tips
Whether you're embarking on the process of obtaining a mortgage for the first time or just preparing yourself for the advances in the industry, the implementation of automated underwriting in recent years has significantly changed the application process. From the time you'll have to wait to the documentation that is required, here are some of the details on what you can expect when dealing with an automated underwriter. Reduction In Document Requirements In the past, most homebuyers submitting mortgage application documents were required to go into their backlogs to provide the paystubs for the previous 2 months pay, as well…
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15 Jul 2022
By Mark Feder

3 Different Types of Loan That Will Negatively Impact Your Ability to Get a Mortgage

Home Mortgage Tips
A good credit rating is built on a number of financial factors including paying your bills on time and the length of your credit history, but loans can also be a source of bolstering your credit score in a positive way. While this means that loans can actually be a good thing, there are also the kinds of loans that can have a damaging impact on acquiring a mortgage. If you'll soon be pursuing your own home purchase, here are some loans that may have a negative impact. Borrowing For Education When you are young, student loans are an ideal…
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