12 Oct 2022
By Tawnya King

How to Use a Mortgage to Buy a Home After Going Through a Bankruptcy

Home Mortgage Tips
While it is sometimes the best option to get your finances repaired, the bankruptcy and following discharge period can be tough. However, while it may delay things for a couple of years, the good news is that even a bankruptcy won't stop you from borrowing a mortgage to buy a home. In today's article, we will share some insight into how you can get a mortgage loan after going through bankruptcy. Step 1: Get A Professional Credit Assessment Once your Chapter 7 or Chapter 13 bankruptcy has been discharged, you will be required to wait for at least two years…
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11 Oct 2022
By Tawnya King

3 Reasons to Hit the Accelerator on Your Mortgage Payments – If You Can Afford It

Home Mortgage Tips
Does the thought of repaying your mortgage for the next twenty-plus years leave you feeling a little down? Whether you've had your mortgage for weeks or years, accelerating your payments is an excellent option that can help get your mortgage fully paid off in a shorter time frame. Let's explore three great reasons to accelerate your payments so that your mortgage debt is paid down faster. You'll Be Debt-Free That Much Faster It may seem obvious, but it's worth stating that you'll be debt-free that much quicker if you accelerate your repayment schedule. Every extra payment you make against your…
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07 Oct 2022
By Tawnya King

Current Servicemember or Veteran? 4 Reasons Why a VA Home Loan Is an Excellent Choice

Home Mortgage Tips
Are you current or former member of the US military service who is looking to buy a new home? If so, you will be pleased to know that there are some special mortgage programs that are open to you. Let's take a look at five reasons why a mortgage backed by the Department of Veterans Affairs is an excellent choice when buying your new home. You Can Borrow Up To 100% Of The Home's Value You read that correctly! VA-backed mortgages are available to you even if you choose to put no money towards your down payment. This can be…
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28 Sep 2022
By Tawnya King

Speed up Your Mortgage Closing Process With This Handy Four-step Guide

Home Mortgage Tips
Are you in the market for a new house or apartment? If you are financing the purchase by taking out a mortgage, you'll want to know how to make this transaction run as smooth as possible. In today's article, we'll share a quick four-step guide to speeding up the mortgage closing process. Step #1: Check In On Your Credit Score The first step before applying for your mortgage is to check in on your credit. Request a copy of your credit score and history from one of the major reporting firms. Go over this report, paying close attention to any…
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23 Sep 2022
By Tawnya King

What is a Reverse Mortgage and How Does It Work?

Home Mortgage Tips
If you've recently considered your options for taking some of the equity out of your home you may have heard about reverse mortgage loans. If you meet the requirements for a reverse mortgage it can be an excellent way to tap into the value of your home, freeing up that cash to be reinvested or used for other purposes. In today's blog post we'll explore reverse mortgage loans, explaining how they work and whether or not you're qualified to receive one. How Does a Reverse Mortgage Work? As the name implies, a reverse mortgage is the opposite of a traditional…
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22 Sep 2022
By Tawnya King

Saving for a Mortgage Down Payment? 4 Tips That Will Help You Get There Faster

Home Mortgage Tips
For most people, the idea of saving more money each month is enough of a burden without having to think about investing in a home. A down payment, however, will require a lot more saving know-how and a lot more in liquid assets in order to be able to buy. If you're trying to find ways to save a bit more each month, here are some sure-fire tips for raising the extra funds. Re-consider Your Commute Outside of rent, there are few things that will cost as much money as owning your own vehicle, so instead of holding on to…
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16 Sep 2022
By Tawnya King

Man Vs. Machine: Why Using a Human Mortgage Professional Is Better Than Trusting an App

Home Mortgage Tips
Are you currently house-hunting or plan to be in the near future? If you plan on using mortgage financing to pay for your home, you will soon discover that there's no shortage of options available to you. You can meet with a local mortgage professional, apply for mortgages online and even download mobile apps that promise to set you up with a mortgage. However, is every option equal? Let's explore why, in the epic battle of man versus machine, you will want to place your trust in a human mortgage professional. Human Mortgage Professionals Have Local Experience The first and…
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