Your Mortgage Questions Answered

Mortgage rates vary widely, and getting the best rate possible is critical. You should get rate quotes from several lenders. At least three quotes are recommended, but preferably five. You should also compare rates from national and local institutions. This… Continue reading

How Much Mortgage Can I Afford?

This depends on many factors, including your credit score, income, and debts

To qualify for a mortgage, you will need to have a certain amount of money saved up. The amount you will need will depend on the price of… Continue reading

Types of Loans For Mortgages

There are two main types of loans for mortgages. Conventional and non-conventional loans.

Conventional loans are not backed by the federal government but instead are backed by a private lender, such as a private lender or an agency such as… Continue reading

How Get Pre Approved For a Mortgage

To get pre approved for a mortgage, you have to meet certain requirements. Some lenders require documents and explanations of the funds that you have deposited. They also run a credit check. Therefore, you need to understand your financial situation,… Continue reading

Mortgage Zillow Calculator – How Accurate is It?

The mortgage Zillow calculator has an appealing design and seems like a helpful tool. It promises to calculate your total mortgage payment, including principal, interest, private mortgage insurance (PMI), property taxes, home insurance, and homeowners association fees. It does so,… Continue reading

How Much Can I Afford For a Mortgage?

how much can i afford for a mortgage

You should first determine your affordability. A mortgage payment can be a large chunk of your income, so you should consider other factors as well. A mortgage payment is typically based on several factors, including your debt to income-ratio and… Continue reading

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