Mortgage interest is the most expensive cost to homeownership AND a tax deductible expense! The following tips will help you when you are looking to buy or refinance a home. A Shorter Term Equals Less Interest Paid The longer your term the lower your payment but the more you’ll spend in total interest. The shorter your… [Read More]
Tips For Buying a House – How to Save For a Down Payment….and Still Enjoy Life!
In today’s market most down payments call for 20% of the home’s purchase price… a significant sum of money! On the flip side, having the full down payment can help you secure a better interest rate which, in turn, can get you the mortgage you want AND make your offer even more attractive to the… [Read More]
Do I Need 20% Down and Perfect Credit To Buy a Home? See These and Other Mortgage Misconceptions…
Getting a mortgage can be tedious and frustrating process but it’s not as grueling as you think! There is a lot of misinformation swirling around about Cincinnati / Northern Kentucky mortgages, so this article’s purpose is to get to the facts of the matter. Below are 5 of the largest misconceptions about mortgages. Mortgage Misconception #1: That You’ll… [Read More]
All About Mortgages – The Basics, The Different Types, Credit Scores, Down Payments, and More!
It can be an exciting and stressful time as you ready yourself to purchase your first home. It can be frustrating to organize your finances in the ways that your lender and realtor will need them. This post is all about mortgages and it is here to help guide you along your way to home ownership…. [Read More]