Real Estate Blog for Buyers & Sellers

Category: Mortgage Financing (14 posts)

  • December 24, 2018
  • Karen Stanko

How to Improve Your Chances of Being Approved for a Mortgage

For most first time home buyers, obtaining a mortgage is a crucial part of the purchasing process. However, being approved for a mortgage is often easier said than done. It can be disheartening to f

  • November 28, 2018
  • Karen Stanko

The Pros And Cons Of Reverse Mortgages - A Quick Guide

No matter how carefully you plan, life can put a dent in your retirement funds. A life-altering accident or illness can turn your life upside down. Dipping into your retirement to meet uncovered expen

  • July 11, 2018
  • Karen Stanko

Real Estate: How to Refinance a Mortgage with a Bad Credit Score

There are many excellent reasons a homeowner may look into refinancing their mortgage. To refinance means to replace your current mortgage with a new one, almost always with a lower interest rate. For

  • February 14, 2018
  • Karen Stanko

Four Strategies That Can Help You Get Approved for a Mortgage

So, you've decided to take the big step and look into getting what will likely be the biggest loan of your entire life: a mortgage. Applying for a mortgage can be a bit of a nerve-wracking process, es

  • January 24, 2018
  • Karen Stanko

Looking to Invest? Pay Down Your Mortgage Instead

With all the gloomy news about pension plans in the press you may be worrying whether you should actually be investing in a pension plan or not. A new wave of thinking suggests possibly not. There may

  • April 11, 2017
  • Karen Stanko

Buying a Home, Step One: Mortgage Pre-Approval

Whether you're looking to buy your first home, or haven't purchased a home in the past several years, you may be surprised to discover that searching your local real estate listings is not the best pl

  • March 14, 2017
  • Karen Stanko

Why Remortgage? 4 Excellent Reasons to Consider Refinancing Your Home

Your home is probably the most significant purchase you'll ever make, yet it's surprising how many people simply continue paying their mortgage every month without thinking too much about it. However,

  • December 28, 2016
  • Karen Stanko

Should You Borrow Money to Invest in Real Estate?

There's no disputing that real estate investment is one of the best business models for those looking to achieve long-term financial success. The one problem most would-be investors have, however, is

  • November 23, 2016
  • Karen Stanko

Saving For College: Four Tips For Parents

One of the prime concerns of parents, especially parents of teenagers, is how their children will be able to afford college tuition. With prices going up each year at even state and community colleges

  • October 12, 2016
  • Karen Stanko

Is Having No Credit As Risky As Having Bad Credit?

Let's clear up one misconception, right off the bat: having no credit is not the same as having bad credit. 'No credit' simply means that your credit history - which tracks your loans and repayments o

  • September 14, 2016
  • Karen Stanko

Why Should I Repair My Credit?

Your credit history is more than just a number; it affects nearly every aspect of your financial life. If you are suffering from a low credit score, you're probably an excellent candidate for credit r

  • July 13, 2016
  • Karen Stanko

How to Manage Your Credit Card Debt: A 4-Step Strategy

Being in debt is undoubtedly stressful, more so when the interest rates keep pushing your overall debt to skyrocketing amounts. Many people fall into the temptations of unnecessary expenditures and en

  • June 8, 2016
  • Karen Stanko

Why is Saving Money so Hard?

Saving money is a lot like dieting -- easy to understand but difficult to execute and follow through. Intellectually, you know that having that extra piece of pie or second helping of French fries is

  • May 11, 2016
  • Karen Stanko

3 Ways to Change Your Financial Habits

Some financial habits are good, but others can hold you back and prevent you from saving. If you need to change your financial habits, it is important to take a step-by-step approach. This three-step