20 Oct 2016
By Mark Feder

Forget Mortgage Apps: 5 Reasons Why You’ll Want to Use a Human Mortgage Broker

Home Mortgage Tips
A mortgage broker can be a helpful tool in finding the right opportunity for you, but it can be tempting to deal with mortgage apps that may be able to consolidate all the information you need in one place. While many modern apps can be quite convenient, there are a few reasons you may want to use a knowledgeable mortgage professional to ensure the credibility of your most important purchase. Up-To-Date On Credible Lenders A mortgage app can certainly provide many mortgage insights, but it's not necessarily an able replacement for a broker who has dealt with many different lenders…
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18 Oct 2016
By Mark Feder

The Major Keys to Understanding When It’s Time to Refinance Your Mortgage

Home Mortgage Tips
As a homeowner, you may have heard the term re-financing without being aware of exactly what it means, but there are a lot of pros and cons associated with what it can do for your financial situation. While getting a different new loan for your mortgage can be a good financial decision in certain situations, here are some things you should consider before you decide that this is the right choice for you. Getting A Lower Rate One of the main reasons that re-financing can be a popular option for many homeowners is that it can provide the opportunity for…
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13 Oct 2016
By Mark Feder

Planning to Get a Mortgage in 2017? 4 Reasons Why It’s Time to Start Paying Down Other Debts Now

Home Mortgage Tips
Buying a home is an ideal investment for many people because not only is it a place that belongs to them, it can also be very beneficial financially. While you may be strongly considering buying a home for these reasons, it's also important to be in good financial health so that your ideal home purchase is within reach. If you're currently perusing the market for prospects, here are some reasons you should pay down debt before taking the leap into home ownership. Good Credit History The amount of your debt load and whether or not you're paying off your minimum…
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11 Oct 2016
By Mark Feder

The Pros and Cons of Using Your Savings to Make Your Full 20 Percent Down Payment

Home Mortgage Tips
If you've been perusing the real estate market with the hope of purchasing a home, you may be aware that the often-touted amount you should put down is 20 percent. However, there are good things and bad things involved in investing so much money into your new home. If you're wondering how to decide on your down payment amount, here are some things to consider before putting in 20 percent. No Rainy Day Fund It might seem like the best option is to put down as much as you can, and use up your savings if needed, but putting all…
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