Tag: Financing

Posted on 12/05/2021

Here's Why You Should Consider a Bigger Down Payment When Buying a Home

Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...

Down Payment

Financing

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Posted on 09/26/2021

Should You Finance with a Credit Union?

Image by Pete Linforth from Pixabay Property buyers today may think of a credit union as an alternative form of lending and ultimately meant for people who don't fit the stereotypical borrower. But this assumption may a little unfair once you learn the facts. Credit unions present several unique opportunities that you simply won't find anywhere else. We'll...

Financing

General Finance

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Posted on 05/30/2021

Is Owner Financing Right for You?

Photo by SHOP SLO® on Unsplash Selling a home requires a lot of decision-making. One of those decisions concerns financing, and there are numerous options available to both sellers and buyers. Real estate negotiations can be confusing, but there are some unconventional ways to finance a deal, and owner financing, for some buyers and sellers, can be the...

Home Refinancing

Financing

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Posted on 03/28/2021

Credit Scores & Your Monthly Payment

Photo by Lukas from Pexels Before you even start looking for a home, you should know what your credit score is. You can pull your own credit score from the three major bureaus without having points deducted from your credit score. You should know your score since it will affect how high your mortgage payments will be, and...

Mortgage Payments

Credit Score

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Posted on 10/11/2020

Financing Options for Property Purchases

Image by Credit Commerce from Pixabay Finding financing for a home could be as simple as applying for a conforming FHA loan or it could be as difficult as having to locate a portfolio loan or even a combo loan. What you need depends on the real estate you are buying. Most people buying a primary residence get...

Financing

Loan

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