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Mortgage Broker Benefits

The Benefits of Hiring A Mortgage Broker

If you are going to be purchasing a new home or refinancing your existing one in the near future, you are most likely going to need to take on a new mortgage or renegotiate terms on your existing loan. You can either choose to work directly with a lender or bank throughout the process, or you can hire a mortgage broker to navigate through the murky waters on your behalf. There are an overwhelming number of benefits that justify hiring a broker to walk you through the buying or refinancing process.

 

boot equity mortgage value

How to Boost Your Curb Appeal and Increase Home Equity

First Impressions – Give Your Home A Equity Boost

 

Let’s be honest, when you’re sitting in your car looking at houses, the ones who need some upkeep and have overgrown grass or trash in the yard are houses that you could never picture yourself living inside of and raising a family. It just isn’t that attractive. However, if you drove by that same house and noticed that the owners had repaired the roof, put a fresh coat of paint on, cleaned the yard, and cut the grass, it may actually look like an attractive opportunity. As humans, a lot of decisions are based on first impressions. Since time is money, you don’t want to waste your time on things that don’t leave a good impression. Making a couple of changes can give your home a equity boost.

Mortgage Length 30 or 15

Differences Between a 15-year Mortgage and a 30-year Mortgage

While there are many different types of mortgages, subcategories and a whole world of navigation when it comes to purchasing a home, there are two major timelines that are at the forefront of the home-buying experience: 15-year and 30-year mortgages. While the standard 30-year, fixed-rate mortgage is the most affordable and comfortable option for over two-thirds of home buyers, the 15-year option is often very appealing to certain groups of people. If you are in the market to purchase a new home, here is a breakdown of some of the common differences between a 15-year and a 30-year mortgage. Choosing the right mortgage length can save you thousands of dollars.

 

Common Misconceptions About Getting A Mortgage

For most people, buying a home without getting a mortgage isn’t a possibility. However, the prospect of trying to obtain a mortgage fills many would-be homebuyers with more than a little angst. The problem is that there are many myths about what it takes to get a mortgage. Because of these misconceptions, it’s difficult for many homebuyers to figure out what they need to do to get a mortgage. The article that follows talks about five of the most common misconceptions about getting a mortgage. Knowing what they are can help you make a better decision about your mortgage come sale time.