new home loan

August 31, 2018

Take Note of these Items If You are Getting a New Home Purchase Loan, Thousand Oaks, CA

Planning to apply for a new home purchase loan, Thousand Oaks, CA? You may find the process daunting most especially if it is your first time. But here’s the thing: If the right information made available to you, things should be okay. With the aim of helping to make the process a lot easier for you, we are sharing below some information that you may find useful when you get a new home purchase loan, Thousand Oaks, CA. Take the items below into consideration; they will surely help you make the most appropriate decision. Getting familiar with the monthly mortgage payments The principal – Refers to the monthly cost that directly goes towards paying back the loan. The interest – The monthly rate imposed from the cost of borrowing; it is expressed as a percentage of principal The property tax – This goes directly towards paying the property taxes as a requirement in your locality; (in California, property tax is computed using a property’s assessed value and the property tax rates based on the property’s address.) Insurance – Getting insurance provides with the needed security and protection in case of damages to your property. PMI (Private Mortgage Insurance) – The payment you need to put that goes towards your mortgage insurance in case the down payment is less than 20% Things to do when applying for a new home purchase loan program Do a diligent research prior to the application. Make an assessment on your qualifications (Mortgage brokers such as […]
September 28, 2018

Reviews are Helpful in Finding the Best Deals on New Home Loan, Orlando, FL

Many companies can easily claim that they are the best provider of new home loan, Orlando, FL. However, not all of them can really back this claim with proof of achievements. Thus, as a home buyer who is looking for the best mortgage deals in town, you should be extra careful not to get easily convinced by too-good-to-be-true promotions. One effective way to find highly qualified prospective mortgage lenders is by reading reviews – be it online or offline. This allows you to get important information straight from clients themselves or those with first-hand experience with their service. In this post, we are giving some tips on how to find good, legitimate reviews on the internet about providers of new home loan, Orlando, FL. Which websites to follow? Consider the following: Personal finance websites. Websites like NerdWallet and Zillow are some good examples that fall in this category. From time to time, they release a list of some of the best mortgage lenders in the U.S. The ranking is based on a set of criteria, which include customer satisfaction. Take time read about what they publish and watchout for their next release to get useful idea about which mortgage companies to consider for a new home loan application. Local directory websites. Another useful websites for mortgage reviews are citations or local directory websites, including Google My Business, Yelp, and Angie’s List. Like personal finance websites, they are a great source of information about mortgage lenders. These websites provide a platform […]