Joint Mortgage: What To Know About Applying For A Home Loan Jointly.

General Beata Wojtalik 9 Aug

Joint Mortgage: What To Know About Applying For A Home Loan Jointly. What Is A Joint Mortgage Loan?   A joint mortgage is shared by multiple parties, typically a home buyer and their friend, partner or family member. Some people apply for a parent-child joint mortgages with their adult children. A joint mortgage allows two […]

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12 Critical Questions To Ask When Buying A House

General Beata Wojtalik 4 Aug

12 Critical Questions To Ask When Buying A House There’s a lot to keep in mind when buying a house, and if you’re not an experienced home buyer, you probably don’t know everything that should go into your home buying decision.   What Is The Risk Of Natural Disaster?   Are There Health Or Safety […]

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How To Spot Mortgage Scams:

General Beata Wojtalik 2 Aug

  In cases of mortgage fraud for profit, scammers most commonly promise victims to save their homes from foreclosure with term modifications and debt management, or to entice buyers with free services and reduced interest rates. Scammers prey on vulnerable homeowners and prospective homeowners who lack education or financial security.   How To Spot Mortgage […]

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Home Buying Checklist For First-Time Home Buyers

General Beata Wojtalik 27 Jul

Home Buying Checklist For First-Time Home Buyers   Buying your first home can be a complicated process, but you can make it easier on yourself by following a checklist that breaks down the steps.   Find A REALTOR You’re not legally required to hire a REALTOR or real estate agent when you buy a home, […]

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How Much Can A 1% Difference In Your Mortgage Rate Save Or Cost You?

General Beata Wojtalik 27 Jul

How Much Can A 1% Difference In Your Mortgage Rate Save Or Cost You? The short answer: It can produce thousands or even potentially tens of thousands in savings in any given year, depending on the purchase price of your property, your overall mortgage rate, and the total amount of the mortgage being financed.   […]

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The 10 Golden Rules When Applying For A Mortgage Loan

General Beata Wojtalik 26 Jul

The 10 Golden Rules When Applying For A Mortgage Loan Don’t change jobs or become self-employed. Don’t buy a car, truck, or van unless you plan to live in it. Don’t use your credit cards or let your payments fall behind. Don’t spend the money you have saved for your down payment. Don’t buy furniture […]

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Don’ts for Avoiding Common Mortgage Mistakes

General Beata Wojtalik 21 Jul

Don’ts for Avoiding Common Mortgage Mistakes   1. Don’t wait until you find the perfect house to apply: Apply for pre-qualification when you know you’re ready to start looking, instead of when you’re “finished” looking. You’ll be better positioned with the seller and avoid potential heartbreak when you are preapproved for the type/price of home […]

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Terms You Should Know When Starting The Mortgage Process.

General Beata Wojtalik 20 Jul

Terms You Should Know When Starting The Mortgage Process. PITI – Principal, Interest, Taxes And Insurance (Monthly Mortgage Payment)   Principal – Amount of the loan paid back each month, reducing your loan amount.   Interest – The interest charged on the loan each month.   Taxes – Taxes charged by local jurisdictions, based on […]

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Reasons Why Your Mortgage Application Might Be Denied

General Beata Wojtalik 19 Jul

Reasons Why Your Mortgage Application Might Be Denied: 1. Too Much Debt or Too Many Credit Applications: Already having so much debt when applying for a Mortgage can make your lender believe that you are not capable of paying your rates & are not financially stable enough to afford to buy a home right now. […]

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