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How to beat the banks

February 27, 2018

Let’s beat the banks

  1. Overcoming the schmaltz of loyalty

The taboo of being loyal to your bank comes without any reason. It is highly recommendable to be in the lookout for a better deal. Your bank holds a number of products in option but not all products are right for you. Do not rely on a single bank, rather dive into the mortgage market and scrutinize all the options available at different banks to choose the mortgage plan that is right for you.

  1. Taking advise from a mortgage broker

There is are a number of mortgages available-Fixed rate and Adjustable Rate, Federal Housing Administration (FHA) mortgage, Veterans Affairs (VA) mortgage, USDA loans and RHS Loans, Jumbo loan or a Conforming Loan and multiple others. A mortgage broker helps you curtail the available options by eliminating the options which are unsuitable for you. They list out budget-friendly plans and guide you to make a final c



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First Home Buyer

February 26, 2018

Deciding factors while buying a home

First time home buyerHaving your own home not only serves as a guard, it also stands as an asset. Having your own home saves you from the liability of paying heavy rents; moreover, a home can be easily utilized to generate income. The bliss of residing in your own property suffices the burden of looking for one in the market which is subjected to inflation and uncertain hikes.  Those who are in search of a home of their own, are often worried about finding their perfect dream house along with the lump sum they need to invest



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How much can I save by refinancing

February 14, 2018

How much can I save by refinancing?

refinancing saveThe concept of lugging your mortgage until you pay it off has become vague. You can rater refinance it. Refinancing a mortgage is the process of paying off an existing loan and replacing it with a new loan. This lets you gain a lower interest rate and moreover shortens your period of mortgage. Refinancing a mortgage is the optimum way to grab deals which are rewarding; moreover it guards you from becoming an interest rate-fixated. Refinancing a mortgage suffices the ur



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save interest on my home loan

February 13, 2018

save home loan interest

Reduction of “dream house” interest burden

Home is the place where you can live permanently without worry. It is the place you feel safe to leave your loved ones and go out into the world. But, if you buy a house with a loan, sometimes this becomes a burden on your shoulder. But why should it be so? Do not let your mortgage stress you out.

EMIs- Fixed vs Floating

EMIs or equated monthly installments help you split your interest payment into smaller portions. Now, you do not need to worr



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Mortgage advisor

February 12, 2018

Licensed financial brokers

mortgage advisorMortgage advisor are professionals who are licensed financial brokers. Their task is to gather the required documentation, along with analyzing your credit history and verifying your earnings in order to facilitate the process of applying for a loan, these financial advisors are more like your representative in the market with professional skills for diplomatic dealing. Mortgage advisor is essentially a customer intermediary service that lets you opt for the right offer cutting down the hassle of unnecessary research along with the chance of making



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