22 Sep 2020
By Fred Gruber

Understand Coronavirus Mortgage Relief Options

Mortgage Tips , ,
The coronavirus pandemic has impacted everyone. For homeowners, they might be wondering how they are able to keep up with their mortgage in light of shelter in place orders, financial difficulties, and unemployment problems. Federal agencies and regulatory authorities are putting relief measures in place during the pandemic to help people who might have trouble keeping up with their mortgage. When it comes to coronavirus mortgage relief, there are a few tips that everyone should keep in mind.  Talk To The Lender First The first step is always to talk to the lender directly and see if there are relief…
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24 Jun 2020
By Fred Gruber

Target The Lowest Borrowing Costs Possible When Applying For A Mortgage

Mortgage , ,
When someone is applying for a mortgage, it is important to consider the other costs that go along with taking out this type of loan. While many people focus on the down payment, the size of the loan, and the interest rate, there are other costs that might go along with taking out a mortgage. These hidden fees are sometimes referred to as "nickels and dimes" that the lender tacks on to the loan to try to make some extra money. When compared to the size of the loan, many borrowers shrug this off because the loan is so big; however,…
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04 Sep 2013
By Fred Gruber

Rounding Up Your Mortgage Payment, Will It Really Help?

Mortagage Tips , ,
Paying off the mortgage on your home as quickly as possible will ensure that you pay less interest and save money in the long term. But how can you accelerate those payments so that you own your home sooner? One simple and easy way that you can pay off your mortgage faster is to round up your mortgage payment to the nearest $100 interval. So, for example, if your mortgage payment is $756 per month, you can pay $800 instead. Not only will this help you to pay off your mortgage sooner, but round numbers are also much easier to handle for simple calculations. You will be…
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06 Aug 2013
By Fred Gruber

Important Tips To Help When Behind On Your Mortgage Payments

Mortgage Tips , ,
What happens if you go through a tough financial period and you find yourself behind on your mortgage payments for your home? If you are missing mortgage payments and are having difficulty paying, this can become a serious problem. Even just one missed payment can be difficult to catch up on, and if you are in this situation it is important to get help right away. Contact Your Lender The first step in this circumstance should be to get in touch with your mortgage lender to explain the situation. Simply leaving things alone and not explaining why you have missed…
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25 Jul 2013
By Fred Gruber

What Should You To Do In Advance To Prepare For Your Mortgage Application

Mortgage Application , ,
If you are applying for a mortgage to buy a home, doing your homework in advance before you submit the application means that you will stand a better chance of getting accepted at a desirable mortgage rate. According to mortgage experts, it is a good idea to gather up all of the needed documents in advance before launching your house hunt, as this will make the application process a lot easier. The housing burst has resulted in much harder lending standards, which means that it could possible take weeks or sometimes even months to secure a loan. Here are a…
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