Tag: Mortgage

Mortgage Penalties: Prepayment
Posted on 11/17/2019
Mortgage Penalties: Prepayment
Photo by Steve Buissinne via Pixabay Most are familiar with the key components of a mortgage: how much you're borrowing, what your interest rate is, how many years you'll be paying your mortgage back. There are many, however, who do not understand some of the finer details, including what prepayment penalties are and how they may affect you...
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Getting Pre-Qualified for Your Mortgage
Posted on 11/10/2019
Getting Pre-Qualified for Your Mortgage
Potential home buyers should obtain a pre-qualification letter from their lenders to access a home loan. This letter communicates what the lender thinks about you being qualified for a mortgage up to a certain amount and is dependent on the data you gave about your assets, income, and expenses. Pre-qualification is just the primary step, and it provides...
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