Blog - Page 229 of 338 - Critter Skimmer

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Home Mortgage TipsHome Mortgage Tips, Mortgage Refinancing, Mortgages

What is HARP 2.0 And How Do I Know If I Qualify To Refinance With It

If you're looking for home refinancing options, you may have had difficulty in the past - especially if you owe more than your home's value on your mortgage. Getting refinancing consumes much of your home equity, which is in short supply for people who already have a mortgage. But with the government's extension of the HARP Program, you can now refinance your home with a variety of lenders - even if you owe more on your mortgage than your home is worth. This 'HARP 2.0' is a great way for responsible borrowers to find mortgage relief. But how does the…

The Pros and Cons of Paying Cash When You Buy Your Next Home

With mortgage bubbles and real estate issues still in recent memory, one might feel that their best option is to buy their next home using cash instead of borrowing the necessary funds. In today's article we'll explore the pros and cons of paying cash for that next house or condo. The Pros Include A Feeling of Complete Ownership There's a feeling of pride and joy that comes with owning a home outright. There are several other reasons for paying cash instead of signing on the dotted line and getting and being strapped to a 30-year mortgage. Perhaps the best reason…

A Step-by-step Guide to Preparing Your Finances for the Mortgage Pre-approval Process

Being pre-approved for a mortgage isn't just a way to get a step ahead, in many cases it's a necessity to buying a home. Many sellers don't want to go through the negotiation process of selling their home only to have the buyer drop out when they can't get approval for the mortgage they were relying on. The Difference Between Pre-Qualification And Pre-Approval Pre-qualification is a faster process than pre-approval and is usually a best estimate based on how the borrower answers certain questions about their financial history and status. Pre-approval is way more valuable to a borrower than pre-qualification…