Posts Tagged ‘Mortgage Tips’
The Benefits of Refinancing Your Mortgage
Are you looking for a way to reduce your monthly mortgage payments or potentially access some of your home’s equity? Refinancing your mortgage could be a powerful tool to help you achieve those goals. Let’s explore what refinancing is, its benefits, and how it could be a game-changer for you. What is Refinancing? Refinancing involves…
Read More6 Tips For After You Close On Your New Home
Congratulations on closing your new home! This is a huge milestone, but the journey doesn’t stop here. To help ensure your transition into homeownership is smooth and stress-free, here are six essential tips to follow after you’ve closed on your new home. 1. Request Both Paper and Electronic Copies of Your Closing Documents When…
Read MoreUnlock Savings: Essential Tips for Mortgage Rate Locks
When it comes to mortgage rates, many people assume that once they start talking to a lender, they’re locked into a fixed rate. However, mortgage rates are far from static. Just like the stock market, they’re constantly fluctuating, and understanding how rate locks work can make a significant difference in your financial savings. The Truth…
Read MoreIs Your HOA Payment Included in Escrow?
When buying a home, there’s often confusion about what’s included in your escrow account, particularly regarding Homeowners Association (HOA) dues. Many people assume that, like property taxes and homeowners insurance, their HOA fees will be collected monthly as part of their escrow payments. However, this is a common misconception. HOA Payments and Escrow: What’s the…
Read MoreHow Does Your Tax Rate Impact Your Monthly Mortgage Payment? | Mortgage Math with Collette
Welcome to Mortgage Math, with Mortgage Expert, Collette Horton! Let’s break down how your tax rate significantly impacts your monthly mortgage payment. Sometimes it can mean the difference of HUNDREDS of dollars per month! When you’re planning to buy a home, one of the most crucial factors to consider is how your tax…
Read More4 Home Buying Tips Everyone Should Know
Buying a home is one of the most significant financial decisions you’ll ever make. To help you navigate this journey, we’ve compiled four essential tips that every homebuyer should know. Whether you’re a first-time buyer or looking to upgrade, these insights will ensure a smoother and more successful experience. 1. Get Pre-approved Before You Start…
Read MoreThe 10 Commandments of Mortgage: Navigating Your Path to Homeownership
Welcome to the definitive guide for all prospective homeowners! I’m Collette Horton from Liberty Star Mortgage, and today, we’re delving into the essential principles that every buyer should follow when venturing into the realm of real estate and mortgages. These rules aren’t just suggestions—they are the cornerstone of a smooth and successful home buying experience.…
Read MoreWhy You Should Avoid Big Purchases Before Closing on Your Home
Buying a home is a major milestone, and the process can be both exciting and stressful. One crucial aspect to keep in mind is the impact of your financial decisions leading up to the closing date. Making big purchases before closing on a home can jeopardize your mortgage approval and delay your move-in date. Here’s…
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