Breakdown Of Closing Costs

Written By: Mike Laquerre Quite often home buyers are unaware or confused by the term “closing costs”. Their entire focus has been on their down payment in most cases.  This is especially true for first time home buyers. What becomes included as closing costs for their particular transaction may vary.  However, below are some common […]

Categories: Finance

Mortgage Quick Tip: Most Commonly Available Loan Types

Mortgage Quick Tip: Understanding Loans

Written By: Mike Laquerre Credit: In today’s real estate market, your credit doesn’t have to be the world’s best in order to secure a mortgage. Many lending institutions will provide a mortgage to applicants with a minimum 620 credit score. It’s always a good idea to get a snapshot of your credit situation before you […]

Categories: Finance

Six Things That Can Push Your Insurance Rates Through the Roof

Have you been struggling with your insurance premiums and do not understand why your policy is rising in costs year after year? When it comes to insurance rates, everyone wants reasonable policy costs, but sometimes property owners are causing their own rates to rise. To get the best premiums possible, doing a little bit of […]

Categories: Advice

2 reasons your credit score isn’t improving

Do you pay off your credit card bill in full every month but haven’t noticed a big improvement in your credit score?  Improving credit isn’t an overnight task but with hard work, responsible spending and patience, your score will soar. Many of you are doing everything you have been told to do, but for some […]

Categories: Credit Scores

10 items to budget for in 2014

10 items people forget to take into consideration when planning a budget.

Written by: Hannah Davis When preparing a budget people tend to forget to budget for life’s unexpected expenses or even simple things such as birthday’s or the holidays. Before you start preparing your budget for 2014, here are 10 items to remember in your budget:

Categories: Finance

Who Can Buy A Home?

Have you been wanting to purchase a new home, but been too scared to start the process? 

Let me help break down the basics to purchasing your dream home. By: Bill Panebianco Do I qualify for a mortgage?  This is a very common question in today’s market.  The first step to knowing if you can get a mortgage is to understand how your credit report works.  The credit report has a “score” […]

Categories: Benefits of Owning

Buy at Lower Prices or Lower Rates?

The Better Home Value... Low prices or Low rates?

By: Elizabeth Porter If you are preparing to buy a home, you might be trying to perfectly time the market and wait for prices to inch just a little lower.  We all want a good deal.  Agreed.  But could waiting for home prices to fall actually cost you more?  Yes, it is possible and if […]

Categories: Finance

Mortgage Quick Tip: Understanding PITI

Explanation of  PITI By: Elizabeth Porter In a previous article, we explained the difference between closing costs and escrows.  In this article we will explain another term frequently heard, PITI.  PITI is the abbreviation for: Principal, interest, taxes and insurance.  PITI encompasses the entire monthly mortgage payment amount borrowers putting less than 20% down can […]

Categories: Mortgage

Mortgage Quick Tip: Escrow Explanation

Understanding Escrows

By: Elizabeth Porter    Principal and interest, taxes and insurance, closing costs and pre-paids.  These are common terms used when discussing mortgages.  Once you understand all the parts and pieces that make up your monthly payment, wrapping your mind around it becomes fairly easy. The goal of this article is to help you better understand […]

Categories: Mortgage

12 mortgage do and do not’s

By: FBC Mortgage – Team J&J   THE 12 MORTGAGE DO’S AND DONT’S So you found your dream home and have secured a mortgage pre-approval.  Congratulations! You are nearing the finish line of becoming a homeowner.  It’s so exciting right? Proceed with caution, that approved status can slip away with just a few wrong moves.  Don’t […]

Categories: Mortgage

12 mortgage do and do not’s

By: FBC Mortgage – Team J&J   THE 12 MORTGAGE DO’S AND DONT’S So you found your dream home and have secured a mortgage pre-approval.  Congratulations! You are nearing the finish line of becoming a homeowner.  It’s so exciting right? Proceed with caution, that approved status can slip away with just a few wrong moves.  Don’t […]

Categories: Finance

10 Questions To Ask Your Lender

Use This Checklist As A Guide When Speaking With Your Lender About Getting A New Home Loan.

Written By: Elizabeth Porter Buying a home is a life changing experience.  Not only are you achieving “The American Dream” but you are increasing your net worth and financial independence.  What comes first, finding a home or finding a loan? There are benefits to getting approved first.  One is that you are shopping in the […]

Categories: Finance