Category: Financing & insuring
Affording a home is all in the numbers! Get mortgage information, plus discover everything you need to think about to get your new home insured the right way.
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Creative Ways to Save Money for a Down Payment
Read more: Creative Ways to Save Money for a Down PaymentHoping to buy your dream home in the near future? Once you’ve determined how much mortgage you can afford, it’s time to save for your down payment! How much you need for a down payment depends on multiple factors, including the total price of the home and what kind of loan you’re considering, but it’s…
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Meet Our Affiliated Lender and Insurance Companies
Read more: Meet Our Affiliated Lender and Insurance CompaniesBuying a home can be one of the most important purchases in your lifetime, which is why it’s crucial to have the right resources by your side every step of the way—from finding the home to insuring it. At Richmond American, we work closely with our affiliated lender and insurance companies to offer a streamlined…
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Ready to Shop Policies? Use Our Home Insurance Checklist
Read more: Ready to Shop Policies? Use Our Home Insurance ChecklistYou’ve found your dream home—now it’s time to insure it! Selecting the right home insurance policy is important not only because it may be a condition of your home loan, but also because it can offer you and your family greater peace of mind. If the unexpected happens, homeowners insurance can provide coverage for losses…
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Avoid Unwanted Calls with an Opt Out Request
Read more: Avoid Unwanted Calls with an Opt Out RequestNowadays, telemarketers are a fact of life. Anytime you apply for credit with a company, your information may be passed along and you’ll be bombarded with calls, emails and texts from a dozen other places promising special offers. So, what can you do about it? Make an opt out request!
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What’s So Special About Special Financing?
Read more: What’s So Special About Special Financing?Special financing. You’re familiar with the term, but its definition varies by industry. For example, some car dealers use “special financing” to describe financing options for people with bad credit who otherwise wouldn’t qualify for an auto loan. And some retailers have deferred-interest special financing options, which allow shoppers to make interest payments on their…
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Mortgage Infographic: Get Your Credit Ready Before You Apply
Read more: Mortgage Infographic: Get Your Credit Ready Before You ApplyLooking to buy a new home soon? We’ve created a handy mortgage infographic to help you understand some of the factors that affect your credit score and the ways you can improve your score—an important consideration for any lender reviewing your mortgage application. Your credit score may influence what types of loans you can qualify…
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How to Shop for Homeowners Insurance
Read more: How to Shop for Homeowners InsurancePurchasing home insurance makes good sense, and not just because it’s often a condition for home loan approval. It’s also a good idea for peace of mind. You definitely don’t want to find yourself wishing you’d purchased the right insurance after something unexpected happens. So, if you’re in the market for a new home, check…
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New Home vs. Resale Home: Homeowners Insurance Edition
Read more: New Home vs. Resale Home: Homeowners Insurance EditionWhen you’re ready to buy a home, one of the most important decisions to make is whether you want to buy a new home vs. resale. While buying a resale home may seem appealing, it is important to consider the possibility that you may end up paying a higher homeowners insurance premium based on the…
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Benefits of bundling home and auto insurance policies
Read more: Benefits of bundling home and auto insurance policiesWhether you’re buying a box of donuts or a set of jerseys for your softball team, you’d expect a discount for buying in bulk, wouldn’t you? Well, the same principle applies to insurance policies. Read on to learn about how bundling home and auto insurance can save you money.
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Questions To Ask When Choosing An Insurance Agent
Read more: Questions To Ask When Choosing An Insurance AgentYou’ve contracted on a new home and now it’s time to choose an insurance agent. After all, you’ll want to protect your investment in the event of theft or a natural disaster (e.g., flood, fire). Plus, most lenders require homeowners to maintain insurance as a condition of the loan. Following are some important questions to…
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What is Homeowners Insurance?
Read more: What is Homeowners Insurance?Homeowners insurance (also known as hazard insurance or abbreviated as HOI) provides coverage for catastrophic events that may occur to your home. It covers the house, contents, personal liability and medical payments exposures. Most mortgage lenders require homeowners to maintain homeowners insurance as a loan condition. Read more.
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How to Manage Your Credit Score During the Holiday Season
Read more: How to Manage Your Credit Score During the Holiday SeasonThe holidays are a tempting time to splurge, but if you’re planning on purchasing a home in the near future, keep a close eye on your bills. ‘Tis the season for holiday spending, but the five tips below will help keep your credit score in great shape.
