06 Nov 2014
By Mark Feder

Did You Know That Your FICO Score Can Drastically Affect Your Mortgage? Here’s Why

Home Mortgage Tips
Are you about to apply for a mortgage loan in order to buy a home? If so, you may be curious about your credit score and how this might impact your financing. Let's take a quick look at how FICO credit scores can affect your mortgage and share a couple of ways that you can boost your score to ensure your application is approved. What is a FICO Score? The Fair Isaac Corporation (FICO) is the country's leading producer of credit scoring information and is the primary source that most lenders will check to assess how much risk you present.…
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05 Nov 2014
By Mark Feder

You Ask, We Answer: What is a “Reverse Mortgage”?

Home Mortgage Tips
If you've recently considered your options for taking some of the equity out of your home you may have heard about reverse mortgage loans. If you meet the requirements for a reverse mortgage it can be an excellent way to tap into the value of your home, freeing up that cash to be reinvested or used for other purposes. In today's blog post we'll explore reverse mortgage loans, explaining how they work and whether or not you're qualified to receive one. How Does a Reverse Mortgage Work? As the name implies, a reverse mortgage is the opposite of a traditional…
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18 Jun 2014
By Mark Feder

Should You Finance The Sale Of Your Home By Yourself?

Home Mortgage Tips
You've decided to put your home up for sale. Now, how are you going to make the most money selling it and get it sold the fastest? Perhaps you should consider providing owner financing, also known as seller financing.  Why Isn't The Buyer Getting Bank Financing? Usually a buyer gets bank financing when buying a home. If the buyer approaches you with a deal that involves you doing the financing, you'll want to ask why.  It could be that they can't afford a big down payment, and can't be approved for a loan without it. Or, they may not be…
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21 May 2014
By Mark Feder

Here’s How You Can Leverage Your Home To Reduce Your Tax Burden For Next Year

Uncategorized
Each year around April, we can find ourselves becoming a little more tense at the thought of what is about to occur: tax time. Instead of falling into the trap of procrastinating your taxes, however, it's much more beneficial to face tax time head-on and do your research on your applicable deductions well in advance. Your home is good for many things, but using your home to reduce your tax burden may be one benefit you haven't thought of. Here are some tax benefits that can be leveraged with your home, and some ways to lower your tax bill in…
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