When you’re buying land for sale in North Florida, you’ll have to make some big decisions – and one of those decisions could be related to whether you should buy mortgage points. Here’s what you need to know. Related: What are mortgage points? Should You Buy Mortgage Points? When it comes to making big decisions […]
Who Can Put a Lien on Your Property?
If you’re selling a piece of land in North Florida, you can only do so if there are no liens against it. Several entities can put a lien on your property, and chances are if there’s a lien on yours, you already know about it. However, here’s a quick run-down on who can put a […]
3 Mortgage Questions First-Time Buyers Have… Answered
If you’re a first-time buyer in Lake City or a nearby community and you’re taking out a mortgage loan to buy your home, check out the answers to these three common questions. 3 Mortgage Questions First-Time Buyers Have… Answered Three of the most common mortgage-related questions we hear are: Do I really need 20 percent […]
Common Down Payment Myths You Can Ignore
If you’re trying to buy a home for sale in Lake City or a nearby community, here’s what you need to know about down payments. Common Down Payment Myths You Can Ignore #1. You need 20 percent down. FHA, USDA and VA loans – as well as other programs – let you borrow money for […]
3 Surprising Reasons Lenders Can Turn You Down for a Mortgage
When you’re buying a home for sale in Lake City or a nearby community, you’ll most likely have to get a mortgage – the vast majority of people do. However, there are three surprising reasons your lender might turn you down. 3 Surprising Reasons Lenders Can Turn You Down for a Mortgage The last thing […]
Can You Lower Your Closing Costs?
If you’re buying a home for sale in Lake City, you may be able to lower your closing costs pretty significantly – and that means more money in your pocket that goes toward your home. Here’s how you can do it. Related: What are closing costs? Can You Lower Your Closing Costs? Typically, closing costs […]
How to Get the Best Interest Rates on Your Mortgage Loan
When you’re buying a home for sale in Lake City or a nearby community, you’ll most likely have to get a mortgage loan to do it – most people do. Here’s what you need to know about interest rates and how to get the best offers from lenders. How to Get the Best Interest Rates […]
How to Find the Right Mortgage Lender
If you’re like most people, you’ll need a mortgage loan to buy a home (unless you opt for owner financing, which is a great option for many people). So if you’re searching for a mortgage lender, how do you know which one is right for you? Related: All about owner financing How to Find the […]
Why Do Mortgage Rates Fluctuate?
When you’re buying a home for sale in Lake City and you’re using a mortgage to get it, you’ll have to deal with interest rates – but for most people, they’re pretty mysterious. Here’s what you need to know about why mortgage rates go up and down – and why it matters. Why Do Mortgage […]
New FICO Score Could Change the Way You Borrow to Buy Your Next Home
The Fair Isaac Corporation – the ones who created the FICO score in credit – has announced that they’re unveiling a whole new credit scoring method… and it could affect the way you borrow. New FICO Score Could Change the Way You Borrow to Buy Your Next Home The new FICO score, called the UltraFICO, […]
