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30 Years Vs 15 Years
The term of your amortization is as important to you as anything
else that affects loans. Know the differences between 30 and 15-year
mortgages and the up and down sides of each plan.
Asking Questions
About Your Loan
Making application for a loan is one of the most serious business
transactions you will enter into in your lifetime. It's your money
and your investment at stake. If you are confused, sense that something
is not right or you are being mislead or feel that you are simply not
being offered the best deal that you could get, start asking questions.
It is not impolite, it's prudent!
Bi-weekly Payments
One of the simplest ways to save on a mortgage, and pay it off faster,
is bi-weekly payments. That one extra payment a year, when applied
towards the principal amount owed, can cut years off of a 30-year
mortgage plan and save you thousands of dollars at the same time.
Tips On Saving
Money On Your Mortgage
Bi-weekly payments is not the only way to save on a mortgage. Learn
other pointers, and how you can implement them to your own benefit,
save both time and money, build equity faster, and upgrade if you
so choose.
Top Don'ts
In some cases knowing what not to do is more beneficial than knowing
just what to do. Things to stay clear of and protect your hard earned
housing dollars.
Top Do's
Sure-fire ways to mortgage success used to be a big secret but now
it is just a matter of research, study and action on your part. Here
are some proven ways that you can assure yourself success.
What
Are Lenders Looking For In Approving a Mortgage?
How to "buff up" your credit, accentuate the positive,
and present your information in a positive and effective manner that
compels a lender to make you a great deal.
What Can Affect
The Value Of Your Home?
A home is not only valued on the cost of the land and structure.
The neighborhood, supply and demand, and the comparative value of
the other properties in the vicinity are just three other factors
that will have a distinct influence on the value of your home. Learn
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