The main reason homeowners refinance home mortgages is for a lower interest rate, lower monthly payment or the chance to shorten the term of their mortgage. Refinancing may be a great option to consider if it means you will be saving money on your existing mortgage. If you have a bad credit score it can put you […]
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Tag: Baltimore Mortgage Lender
How to Build Home Equity Faster
3 Ways You Can Improve Your Home Equity Building home equity is a natural process: if you send your payments in on time and in full, your equity will grow as your loan balance decreases. However, if you’re looking to speed up the process, here are some ways you can build your home equity even […]
How Much Should You Save to Buy a Home?
Buying a Home is a Big Financial Investment Deciding to buy a home is a big decision, and it comes along with big responsibilities and big financial obligations. When saving up to purchase a home, you should consider not only the down payment but also the numerous other fees that are bundled into the transaction. […]
All About Renovation Loans
Renovation Loan 101 Is the home you’re in love with a fixer-upper? Renovation loans are the best way to turn a home that needs a little TLC into the home of your dreams. Since lenders won’t give you a $300,000 loan for a home that is only worth $225,000, it can take some creativity to […]
What Happens When a Home Equity Line of ...
The Basics of a Home Equity Line of Credit If you’re still holding onto your home equity line of credit (HELOC) and the 10th birthday is rapidly approaching, it’s important that you understand what your options are. What does every consumer need to know about home equity lines of credit and what occurs when the […]
6 Ways to Boost Your Credit Score Before...
The Best Ways to Boost Your Credit Score Buying a home is a long process that starts months before you ever look for the first home listing online. A variety of factors, including your credit score, all factor into whether or not you are approved by a lender. If your credit score could use some […]
Baltimore Market Update
Searching the residential market in Baltimore as a first-time homebuyer can be daunting whilst trying to find the perfect home that fits in your price range. A good tip to help you get started is to be familiar with the current market trends in the area you are wanting to move to. Know what the […]