Purchasing a home is a major endeavor. Potential homebuyers should carefully review their personal finances and understand what mortgage lenders are looking for in applicants. Understanding the following four numbers is critical to obtaining a mortgage. Credit Score A...
Can you change your mortgage loan servicer? The easy answer is no. You’ll have no real control over where your loan might end up. Upon closing a loan, the lender can sell that loan to another company. It’s common that they do, and they don’t...
Though retirees may want to finish off paying their mortgage before retirement, it’s not always the best option to take. Here are a few factors they should consider before making a final financial decision. Downsizing As people retire, they may want to...
Real estate and stocks are two of the most popular choices for investors. Real estate tends to offer a more reliable income, while stocks produce the most potential growth over time. Stocks are known for being an investment option that you can use even if you’re...
Waterfront properties are not only beautiful but also have the touch and feel of taking a vacation. You can categorize them among high-end homes that fetch a high price; hence you should be prepared for the costs. The cost notwithstanding, owning a waterfront property...
