• Faber Mcclain posted an update 1 month ago

    What sort of information does one need when considering a mortgage? Where can they find the best, most accurate, expert advice? This article has it all for you, from tips to help you engage in the process to tricks to help you get more out of your mortgage, so read on.

    Save enough money to make a down payment. Lenders may accept as little…[Read more]

  • Faber Mcclain posted an update 1 month ago

    Do not sign up with the first mortgage lender that you come across. There are so many out there that you would be doing yourself a disservice by being hasty. You should shop around a bit to make sure that the rate you are being offered is fair and competitive.

    Hire an attorney to help you understand your mortgage terms. Even those with…[Read more]

  • Faber Mcclain posted an update 1 month ago

    As you plan to buy your new home, the idea of getting a mortgage will pop up frequently. You need to learn all you can before you pursue such a loan, but where can you get such an education? This article is the perfect place to start, so check out the advice below.

    Knowing your credit score is important before trying to obtain a mortgage.…[Read more]

  • Faber Mcclain posted an update 1 month ago

    Have at least 20 percent of the purchase price saved. Lenders will want to verify that you have not borrowed the money, so it is important that you save the money and show deposits into your checking or savings account. Down payments cannot be borrowed; thus it is important to show a paper trail of deposits.

    Really think about the amount of…[Read more]

  • Faber Mcclain became a registered member 1 month ago