The preferredrate01's Podcast

Learn Whether It Is A Good Time To Refinance Your Mortgage!

Whether you seek the guidance of a financial advisor or get in touch with a financial institute, everyone will advise you to go for mortgage refinancing to ease your financial burdens. If you are wondering what mortgage refinancing is or is it a good time to refinance a mortgage, keep listening to have an in-depth understanding.

Learn About Fannie Mae Mortgage Rates in Chicago and More

Renovating a home means getting yourself good wealth. Perhaps, it's challenging to raise finance; however, Fannie Mae Homestyle is one of the popular options to receive a loan for the renovation.

Use A Monthly Mortgage Calculator To Calculate Monthly Installments!

Considering your sources of income and monthly cash flow, you can decide what amount of installments you can pay every month. You can also calculate the installments with a monthly mortgage calculator to shrink your expenditure accordingly. The mortgage calculator gives you a brief idea about how much you have to pay as an installment. 

Low Down Payment Mortgage Options For First Time Home Buyers

There are home loan options that require low down payments and sometimes even zero down payment. You just have to look for the right option and qualify for them. With a good credit score and other factors, you can get eligible for low down payment mortgage options. A few options are available for first-time buyers that provide low down-payments with essential eligibility criteria.

An Explained Guide On How To Maintain A Great Credit Score

Worrying about home loan calculations? These are some steps you can follow to maintain the right credit score. Keep them in mind the next time you are filling numbers in the home loan estimate calculator, remember that your credit score will count.

Do I really need title insurance?

When you’re ready to buy a home, you’ll want to protect your investment in every way that you can. This is where title insurance comes in. Title companies verify the legal history of your home and make sure your new home has a clear title free from liens, outstanding debts, and public ownership claims.

Consider The Following Parameters While Exploring First Time Home Loan

Applying for a home loan means repaying the monthly installments timely without any delays. Repaying the loan amount on a monthly basis requires you to have consistent cash flow that is enough for your monthly expenditure and installments.