Benefits to Mortgage Debt

Benefits to Mortgage Debt

In order to buy a house, most Americans take on a mortgage loan. While debt is usually to be avoided if possible, when it comes to a mortgage there may actually be some financial benefits for borrowers. Liquidity If you dump all your extra funds into pa

Jun 05, 2019 | mortgage credit Debt

Credit Score: 5 Things You Might Not Realize Play A Role

Credit Score: 5 Things You Might Not Realize Play A Role

1. Library FinesWhile holding onto your rented library book for a few extra weeks might not have seemed like a big deal at the time, it could have come with a cost. And if you opted to ignore that late fee, you may be hurting your credit score. Libraries

Feb 09, 2017 | mortgage 247 new application loan programs lenders refinance home loan mistakes baltimore maryland millenials credit interest rates

How To Get The Best Interest Rate

How To Get The Best Interest Rate

Getting the best interest rate is important- the lower the rate, the more money you have in your pocket. Here are a few ways to ensure that you get the best interest rate for your mortgage loan:1. Improve your credit scoreKeep credit card balances low, ma

Jan 25, 2017 | mortgage 247 loan programs lenders refinance home loan baltimore maryland real estate credit interest rates

4 Reasons to Buy a Home During the Holiday Season

4 Reasons to Buy a Home During the Holiday Season

Not many people like to uproot their family and go through the stresses of home buying and moving during the holidays, but some do. Here’s why they might just be doing it the right way…1. Less Market ActivityLots of family, school, and work a

Dec 04, 2016 | mortgage 247 new application loan programs lenders refinance home loan maryland real estate millenials credit

What Is The Difference Between A Pre-Qualification & A Pre-Approval?

What Is The Difference Between A Pre-Qualification & A Pre-Approval?

One mistake that home buyers commonly make is not getting a pre-approval.  Many home buyers believe that a pre-qualification is the same as a pre-approval, which is not true.A mortgage pre-qualification can easily be defined as an estimation of how m

Oct 23, 2016 | mortgage 247 new application loan programs lenders refinance home loan baltimore maryland real estate credit

How to Build Your Credit:

How to Build Your Credit:

Thinking of buying a home? Here are some best practices for building your credit:Keep balances low. For the best credit score, keep your balance under 30% of your card’s total limit. If your credit card has a $500 limit, don’t carry a balance

Oct 23, 2016 | mortgage 247 new application loan programs lenders refinance home loan mistakes baltimore maryland real estate credit

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