Looking 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 for and what rate lenders will offer you, so it’s best to make it a priority as soon as possible in your home search.
Purchasing 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 out the following tips about how to shop for homeowners insurance that can help cover what your home may need.
When 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 home’s history, construction and more. Read on to discover some of the potential hidden costs associated with older, foreclosed or distressed homes.
Excerpt (up to 80ish words): Whether 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.
Wondering how to shop for a mortgage without hurting your credit? It’s a valid concern, but don’t worry. From narrowing down your lending options to paying down your credit cards, we’ve rounded up some tips to help you protect your credit score while scoring the home of your dreams! Read more.
You’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 ask at an insurance agent interview to be sure you find an agent that’s right for you and your home. Read more.
Enter your email to be notified of new Richmond American communities, events & more.