Browsing Tag

mortgages

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Financing & Insuring

Applying for a Mortgage Soon?

February 15, 2019
Get your credit mortgage ready with these 8 tips

We’ve created this handy infographic to help you understand and work to improve the factors that affect your credit 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. For more detailed information, download our free guide, 8 Credit Score Management Tips.

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Financing & Insuring

Home Buying Infographic: The Mortgage Process

February 8, 2019
New home streetscape

Whether you’re a first-time home buyer or it’s just been a few years since you last looked into home financing, this infographic is for you! It gives a very simple overview of the mortgage process from start to finish and, if you want to dive deeper, a link to get our Mortgage Quick-reference Guide. Knowing what to expect—the steps involved, the questions you’ll be asked, the documentation you’ll need to provide—will help you plan ahead and stay on track for a smooth closing. DOWNLOAD AND SHARE…

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Financing & Insuring

The Truth About Mortgage Rates

November 5, 2018
Loan Application

Afraid you’ve missed the best rates? Good news: They’re still great! You’ve probably heard that mortgage rates are on the rise—and may climb higher soon. That doesn’t mean that now isn’t a smart time to buy. See how this year’s rates stack up against historical averages. The takeaway: Minor rate fluctuations don’t have to be the deciding factor in a new home purchase. Concentrating on factors you can control (your savings, your credit score, your employment record) may help more than waiting for a lower…

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Buying a Home, Financing & Insuring

The Benefits of Pre-qualifying for a Mortgage

April 19, 2016

If you’re about to begin your new home search, you may want to consider getting pre-qualified—or even pre-approved—for a home loan. Although pre-qualification isn’t a mandatory step on your journey to homeownership, it does offer several benefits. Following are just a few advantages of pre-qualifying for a mortgage before you begin your house hunt.   It helps to establish a budget. Not sure how much home you can afford? Getting pre-qualified for a home loan is a wonderful way to find out! Not to be…

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Financing & Insuring

Making the Most of a Mortgage Calculator

June 18, 2015

A mortgage calculator can be very helpful when you’re deciding how to approach the financial side of buying a home. It can give you a ballpark figure of what your monthly mortgage payment may be so you can estimate expenses. It can also help you decide if you might prefer a fixed-rate or an adjustable-rate loan, or a 15- or 30-year loan term. Experiment by entering the numbers for one home price and interest rate—and then alter the figures to see different scenarios. Want to…

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