Graduating With Student Loan Debt and Worried About Your Mortgage Prospects? You’re Not Alone

Did you recently graduate from college or university? If so, you may still be dealing with a financial hangover in the form of student loan debt. The vast majority of today's students have to borrow to invest in their education, which can affect financial plans once school is finished. In today's post, we will explore buying a home with a mortgage when still dealing with outstanding student loan debt. Your Situation Is Common, But Unique To You First, try to keep in mind that you are not alone. Many former students are moving on with life, working hard to build…
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Four Pieces of Mortgage ‘Advice’ That You Should Take With the Proverbial Grain of Salt

Are you in the market for a new home? If you have been talking to friends and family or researching online, you have likely come across quite a bit of mortgage-related advice. As with anything, there is low-quality advice out there which is essential to avoid. In today's blog post we will share four pieces of mortgage-related advice that you should take with the proverbial 'grain of salt.' #1: Only Get A Mortgage From Your Bank Have you heard that you should only get a mortgage from the major bank that you use regularly? Many people believe that working with…
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3 Ways That a Reverse Mortgage Can Transform Your Retirement

Are you a retired individual looking for ways to increase your financial security? If so, you may have heard of a home equity conversion mortgage, more commonly known as a reverse mortgage. Used correctly, this is one of the most effective financial products for retirees who own their home. Let's explore three ways that a reverse mortgage can help to transform a dull retirement into one filled with excitement. It's All About Flexibility The primary benefit that one receives with a reverse mortgage is financial flexibility. It is an excellent way to tap into the equity that has built up…
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Single and Considering a New Home? Here’s What You’ll Need to Know About Your Mortgage

Have you decided that it is time to move on from renting? If you are single and living alone, you may be wondering whether or not homeownership is right for you. Let's have a look at a few key factors that you will need to be aware of when taking out a mortgage as a single person. It's A Commitment – But Not For A Lifetime Some single people shy away from the idea of buying a home as it is a significant financial commitment. When you are single, especially if you are young and early in your career, flexibility…
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