A rental property is a wonderful investment option to consider, and it can provide you with everything from considerable tax benefits to appreciation and monthly cash flow. While you may be eager to get started searching for a new rental property to invest in, a good idea is to take the initial step to get pre-approved for your mortgage.
Thinking About Buying a Rental Property? 3 Reasons You’ll Want to Get a Mortgage Pre-Approval
April 28, 2015 by
How Does Making Lump Sum Payments Affect Your Mortgage? Let’s Take a Look
April 15, 2015 by
Periodically, many homeowners will receive a rather sizable amount of extra cash. This may be from a bonus from your employer, a refund on your tax return, a financial gift from a relative or something else altogether. Before you make your decision about how to spend your money, consider what impact your lump sum payment will have on your mortgage.
3 Easy Ways to Put Aside a Bit of Extra Cash So You Can Pay off Your Mortgage Faster
March 6, 2015 by
If your personal budget is similar to many other people’s budgets, your home mortgage payment is by far the largest expense that you pay for each month. In fact, this payment may easily account for 20 or 25 percent or more of your take-home income. Understandably, you may be focused on trying to pay this expense off early.
Saving Up for Your First Home? Our Guide to Finding Ways to Save Your Down Payment Faster
February 27, 2015 by
If your goal is to purchase a home, you may find that it is challenging to save up enough money for your down payment. While this is something that many first time home buyers struggle with, it is by no means insurmountable.
Freelancing in 2015? Three Tips for How to Secure a Mortgage if You’re a Self-Employed Entrepreneur
February 18, 2015 by
If you are self-employed, either as a freelancer or as the owner of your own business, your income can fluctuate greatly from year to year. That can make it difficult to get approved for a mortgage, although there are some things you can do to improve your chances. Here are three tips for securing a mortgage if you are self-employed.
Tax Time is Upon Us: Learn About Tax Deductions and How to Write off Your Home Mortgage Interest
February 5, 2015 by
Much to the chagrin of taxpayers all over the country, the tax-filing season begins in January and runs through April 15 of each year. As the current tax season approaches, it presents an opportunity to help tax-payers clarify their responsibilities and remind them of certain important tax deductions that may be available.
It’s 2015! Get a Jump on Your Payments with Our Quick Guide to Paying Your Mortgage off Sooner
January 23, 2015 by
With the start of the New Year, it’s common to set new resolutions. While there are many goals that are worthwhile, paying off your mortgage as soon as possible can significantly improve your financial position and is a great goal to aim for.
Budgeting: How to Manage Large Mortgage Payments when Buying a Costly, High-Value Home
January 14, 2015 by
If you are preparing to take on a larger mortgage payment that is reasonably manageable for you, you may do so with greater confidence when you follow a few tips.
Be Prepared for Your Mortgage Pre-approval Interview by Having Answers to These 4 Questions
December 31, 2014 by
So – you’ve completed an initial mortgage pre-qualification and now you’re ready to take the next step and meet with your lender or mortgage advisor for the pre-approval interview. Are you ready? Let’s take a quick look at a few questions you should know the answers to before you go in for a mortgage pre-approval.
Trying to Save on Your Closing Costs? Here Are Three Tips That Can Help Lower Them
December 11, 2014 by
Whether you’re about to close on a lovely new house for your growing family or a stylish beachfront condo so you can retire close to the ocean, one thing is certain: you’re going to face a variety of closing costs.
