Tag: Mortgage

Posted on 09/27/2021
Financing Your Mortgage through a Credit Union
Image by annca from Pixabay You’ve finally found the perfect home. It’s got the number of bedrooms you wanted, a spacious kitchen, updated bathrooms, and even a beautiful vegetable garden out back. Now comes the tricky part—how to pay for it. Numerous home buyers find financing their mortgages through a credit union to be a good option. According...
Financing
Home Loans
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Posted on 05/17/2021
How a Land Contract Differs from a Mortgage
Image by mohamed Hassan from Pixabay A land contract and a mortgage have a number of similarities. For example, you can use either option to purchase a home Both loans must be repaid on a monthly basis. Understanding the Differences A land contract is a legal agreement between a buyer and a seller. Rather than a traditional mortgage...
Financing
Loans
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Posted on 05/03/2021
Which is Smarter: Paying Off the Mortgage or Investing?
Photo by Andrey_Popov via Shutterstock Often, when discussing ways to get out of debt, the subject of “mortgage versus investments” comes up. If you have a mortgage, your monthly budget likely revolves around paying it first, meaning investment ideas take a back seat. One way to free money up to invest is to pay off the mortgage, and...
Investment
Investment
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Posted on 08/10/2020
Mortgage Rates in Southern Florida
Photo by Jason Boyd from Pexels The low rates in Florida have sparked a lot of activity in the real estate scene in the state. In Southern Florida, experts are encouraged by these rates because they lower the risk of a bubble forming in this popular part of the country. We'll look at what buyers, lenders, and sellers...
Mortgage Rates
Mortgage
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Posted on 01/19/2020
How Your Credit Score Affects Your Monthly Payment
Image by Tierra Mallorca from Unsplash One of the most important things to check once you decide to start the home-buying process is your credit score. The three major credit bureaus keep track of how you pay for your credit and how much credit you have. Your score fluctuates, sometimes daily, depending on how much you owe and...
Credit Score
Mortgage
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Posted on 01/05/2020
Should You Finance with a Credit Union?
Image by Pete Linforth from Pixabay Property buyers today may think of a credit union as an alternative form of lending and ultimately meant for people who don't fit the stereotypical borrower. But this assumption may a little unfair once you learn the facts. Credit unions present several unique opportunities that you simply won't find anywhere else. We'll...
Financing
General Finance
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Posted on 10/20/2019
What's a Seller-Financed Mortgage and Should I Consider One?
Photo by Charles Thompson via Pixabay A vast majority of homebuying transactions rely on the buyer qualifying for a mortgage through a bank. After all, most people don't have enough cash lying around to buy a home outright. Nowadays, you have more options with different types of lenders and alternative financing companies where you can seek pre-approval online....
Mortgage
Mortgage
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