Finance

March 9, 2018

The Home Buyer’s Guide to Getting Mortgage Ready

The Home Buyer’s Guide to Getting Mortgage Ready

The Home Buyer’s Guide to Getting Mortgage Ready

Don’t wait until you’re ready to move to start preparing financially to buy a home.

 

If you’re like the vast majority of home buyers, you will choose to finance your purchase with a mortgage loan. By preparing in advance, you can ...

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Feb. 13, 2018

Financing Home Renovations

 
Using a Home Equity Line of Credit (HELOC) to Finance Your Projects
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Homeowners looking to undertake home renovations can often use a home equity line of credit or HELOC to finance their projects. Here are six quick tips on how to shop for and manage a HELOC:
Home Loan Scale

Shop around ...
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Posted in Finance, News
Jan. 15, 2018

Was That Escrow Deposit Made?

Was That Escrow Deposit Made? How to Verify

By Meredith Caruso

Jan. 15, 2018 – A lot of Legal Hotline questions focus on escrow deposits, and a significant number of those questions come from listing agents who are upset that they haven't received proof that the funds actually made ...

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Posted in Finance, Open House
Nov. 26, 2017

5 Steps to Obtaining a Mortgage

Mortgage Resource

Today’s stricter lending environment means that processing a mortgage application is more complex than ever, given the number of steps that lenders, underwriters, and mortgage insurers must all complete before home buyers truly have their financing in place.

To help ensure the process goes smoothly, you can also take steps ...

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May 14, 2017

Guide to Buying a Home: Down Payment Comparison

Ready to buy a home? See what your monthly mortgage principal and interest payments would be with various down payments for a 30-year term: 

Loan Comparison

This post has been authored by Eric Slifkin, REALTOR® serving South Florida’s Treasure Coast. You can reach me at 888-288-1765, or visit my Web site. As ...

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March 27, 2016

This Week’s Housing Markets

Catch up with this Week’s Housing Markets in a Minute!

Source:  Acopia Home Loans

  

For the Week Ending March 25, 2016
 

  


The labor market continues to show strength, with jobless claims remaining below 300,000 for the 55th week. A tight labor market supports a Fed policy rate ...
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Feb. 13, 2016

No More Closing Surprises

New Mortgage Disclosure Guidelines Simplify the Closing Process

Thanks to new mortgage disclosure guidelines from the Consumer Financial Protection Bureau (CFPB) that became effective October 3, 2015, homebuyers can expect a more seamless closing process and fewer headaches at the closing table. The new rules simplify the loan paper-work so ...

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Feb. 3, 2016

Understanding Your Home’s Equity

How Much Equity Do You Have in Your Home?

The dream of home ownership is about more than just a stable place to live, exempt from the whims and decisions of landlords. For many, home ownership is a piece of the wealth building picture, essential to a future retirement or ...

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May 3, 2015

Home Buyer FAQ's: What if You Don't Have a Credit Score?

FICO Looks to Other Data Points for Scoring

What do you do if you're financially responsible, but don't have a credit score? How do you get started on the path to home ownership if your score is low due to traditional credit reporting? FICO believes it might have ...

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Feb. 12, 2014

7 Steps for Millennials to Define Their Financial Future

millenialsLike other age groups, not saving enough for retirement is the biggest vulnerability facing Millennials. However, they’re the only generation that doesn’t seem to know it, as Millennials ranked more urgent needs like managing cash flow, getting out of debt and investing as higher priorities. Here are some steps Millennials ...

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Posted in Finance, News