by mtjarrett | Sep 24, 2020 | Uncategorized
Most of the people reading this site don’t have the luxury of taking a lot of time to find a place to live. That is why this step is even more important for you than for most buyers. First of all, we are talking about getting pre-approved for a mortgage. There...
by mtjarrett | Sep 24, 2020 | Uncategorized
I’m a big fan of this site for getting good home-buying information. Here is the link to how to read your Loan Estimate form....
by mtjarrett | Sep 24, 2020 | Uncategorized
Two things: 1) You need to get multiple quotes for a home loan. Doing so can save you thousands of dollars. 2) This page gives you every way you can compare mortgages, so there is no reason for me to just re-present their great information:...
by mtjarrett | Sep 24, 2020 | Uncategorized
I’m not a financial consultant but I do want to tip you off that “interest rate” and “APR” are not the same thing. You need to be aware of that when you are comparing loans. Simply, the interest rate is the amount of interest you are...
by mtjarrett | Sep 24, 2020 | Uncategorized
There are a variety of types of mortgages. Below, I discuss the main ones that will likely apply to your situation. Conventional Fixed Rate Mortgage This is the standard type of mortgage. Generally available as 15, 20, or 30 year mortgages. They have a fixed rate,...
by mtjarrett | Sep 24, 2020 | Uncategorized
Most of us have some idea what our dream home will be like. That’s great, but save it for later. IF YOU ARE BEGINNING RESIDENCY In 3-5 years, you are going to be trying to sell your house in a fairly tight window of time. You want that process to be easy. So...
Recent Comments