4 COMMON MISTAKES OF FIRST-TIME HOMEBUYERS 1. Spending the - TopicsExpress

4 COMMON MISTAKES OF FIRST-TIME HOMEBUYERS 1. Spending the maximum on housing: Make a monthly budget and know your limits before meeting with a lender. 2. Not getting prequalified early enough: Most buyers wait until they are ready to start house hunting before contacting a lender. Have a buyer consultation first to create long-term financial goals and startegies for buying a home. Get prequalfied early so you make some changes or correct errors on your credit report. 3. Misunderstanding the importance of a high credit score: All mortgage lending is done with a tier of interest rates and terms based on consumer credit scores. A score of 680 to 720 can get you good mortgage rates, while a FICO score of 620 is usually about the lowest score to qualify for most loans. 4. Choosing the wrong mortgage product: First-time homebuyers today typically opt for a 30-year fixed-rate mortgage. But home loan alternatives to a 30-year-fixed sometimes make more sense. For example, buyers certain they will be relocated by their companies within five years may find a 5/1 ARM could be a much better mortgage. Also,Homebuyers eager to build equity in their homes or who are older and want to live mortgage-free in retirement should consider a 10- year or 15-year fixed-rate loan, if they can afford it. Theres no reason to pay a premium for a product you dont need. ValentinaRealEstate

Black Friday @ Lochcarron Red Ross Tartan Lambswool ScarfCyber

Victor Davis Hanson IMPORTANT READ! September 11, 2001, was not

Ella: ¿Hola? Él: Hola, soy yo! Ella: (Se queda en silencio un

aden + anais 2 Count 100% Cotton Muslin Swaddle Blanket, For The

Bbl is the least, again the least, enabling law that could somehow

What is prayer to you? I honestly, in my ignorance, have often had

Hallo, Freunde der etwas anderen Art der Zauberei. Nach Monaten

Although studies on different dialysis treatments and survival

Hey everyone, We had great success at the Randolph Invitational

Hummer H3 Accessories: Taillight Guards / Covers 2006, 2007, 2008,

The following are the ever so compassionate Democrats who walked

23 More State Employees Dismissed Within Anti-Corruption

There has been an increased number of phishing emails and text

You catch yourself forcing someone to love you. Let us keep in

Ok, so actually got nominated for the ALS ice water bucket

Repriced!!! from 250k down to 225k.. RUSH.. Honda Civic LXI

Were here to grow knowledge and philosophy. Not to distinguish

As July 31st approaches every year the loss of my best friend is

Good morning, what a beautiful day,:) after 8 hours of rain

#Somerset #Jobs Senior C# / .Net Developer - Hays Specialist

Salam, Ten reasons to repel envy from yourself- Extracted from

So it feels like one way of the other, I will be going to Indian