A Homeowner's Toolkit: All The Tools You Need To Care For Your Home

Friday, July 14, 2017


Neil Erickson


  1. 08 Feb, 2017
    Do you really need a broker?
    Do You Really Need A Broker?  A mortgage broker's job is to match you with a mortgage company that can offer you the best terms on your home loan.  Most brokers work with a list of companies and can consider a variety of options for you.  Do you really need a broker, or is it better to do the legwork yourself to make sure you get the best rate?  There are a few things to consider.  Do You Have The Time?  It's a good idea to shop around for the best rate on your mortgage, and not everyone has
  2. Calculating Your Monthly Mortgage Payments
    30 Jun, 2017
    Calculating Your Monthly Mortgage Payments
    Calculating Your Monthly Mortgage Payments One of the most important factors to consider when buying a new home is affordability.  As a general rule, mortgage payments should not exceed 25-30 percent of your monthly take-home pay.  The best way to know what you can afford is to determine the possible payment range by comparing the price of the home with other essential ingredients.  Figure Out How Much You Want To Borrow  Your first step to calculating your monthly mortgage payment is knowing
  3. Buying A Home With Past Credit Problems
    26 Jun, 2017
    Buying A Home With Past Credit Problems
    Buying A Home With Past Credit Problems Buying a home can be both exciting and stressful but, for those with past credit problems, the process may also seem intimidating.  The good news is that many lenders have adapted to the idea that many hopeful homeowners simply need a second chance, which means that past credit problems no longer have to define your future.  Credit Blemishes  When life unexpectedly takes a turn for the worst, it's not always possible to come out without a few bumps and
  4. 26 Jun, 2017
    Refinancing After Divorce
    Refinancing After Divorce  Divorce is a difficult experience for everyone involved, and the details of sorting out property can be overwhelming.  One of the items you will likely have to deal with is the refinancing of your home if both people were listed on the mortgage.   How and when this happens will depend on the terms of your divorce.  Refinancing To Remove An Owner  In the event that one of the previous spouses will retain ownership of the home, it will be refinanced to a new loan that
  5. Common Financing Terms Explained
    23 May, 2017
    Common Financing Terms Explained
    Common Home Financing Terms Explained  If you are new to home financing, you may be a little confused by some of the common terms that are used in the process.  These common terms will help simplify getting your home loan and ensure you understand what stage you are at and what comes next.  Getting A Loan  Pre-Qualification:  This is a term that means you have been provided an estimate of what sort of loan you can expect to obtain based on your credit score and what's currently available.  It
  6. 25 Jan, 2017
    Avoiding Mortgage Fraud
    Avoiding Mortgage Fraud Unfortunately, fraud and identity theft are increasing at an alarming rate every year, and mortgage fraud is one of the most important types of fraud from which you will want to protect yourself.  So what constitutes mortgage fraud, and how can you prevent this from happening to you? What Is Mortgage Fraud? Essentially, mortgage fraud is defined by the FBI as any material misstatement, misrepresentation, or omission relied upon by an underwriter or lender to fund,