Tag: Financing

Posted on 01/03/2021
Financing Options for Land Purchases
Image by Peggy und Marco Lachmann-Anke from Pixabay You’ve decided it’s time to build the dream house you’ve always wanted. An exciting time! Prior to hiring builders to construct your home, it’s critical to understand the financials involved before you start the planning process. Securing funding for land is different than obtaining a traditional home mortgage. For starters,...
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Posted on 11/01/2020
Fixed vs. Adjustable Mortgages
Photo by NeONBRAND on Unsplash Once you are ready to buy a house, you need to check your finances to determine how much you can put down, and how much you can afford to pay on a monthly mortgage. Knowing this helps you determine how much house you can afford. However, your interest rate is going to play...
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Posted on 08/16/2020
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...
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