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YOUR FIRST HOME LOAN: 7 TIPS FOR SUCCESS

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SHOULD I APPLY FOR A MORTGAGE WITH BAD CREDIT?

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PRE-QUALIFIED VS. PRE-APPROVED: WHAT’S THE KEY?

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MORTGAGES FOR MILLENNIALS- YOUNG BUYERS FINALLY SAYING YOLO!

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MORTGAGE TYPES: WHICH IS BEST FOR YOU?

majesticloan.com

WHAT REFINANCING YOUR MANUFACTURED HOME CAN DO FOR YOU

You’ve been living in your new manufactured home now for just a few years and enjoying the lifestyle. You thought about manufactured housing for quite some time then you finally made the decision to buy. Your monthly payments are comfortable and your financing terms were very competitive. However, regardless how competitive your current mortga .....

POSTED ON October 3, 2017
majesticloan.com

UNDERSTANDING MORTGAGE RATES AND THE APR AS NEW HOME OWNER

One thing that potential new home owners will immediately recognize is there are a lot of numbers. Perhaps the most important number is the interest rate. The interest rate helps determine your mortgage payment along with the term of the home loan. A lower rate will allow you to qualify for more home. Or, if you’re refinancing an existing loan, a l .....

POSTED ON October 3, 2017
majesticloan.com

UNDERSTANDING MI ON FHA LOANS

You may know there are conventional and government-backed mortgages. Government-backed mortgages are those that carry an inherent guarantee to the lender that owns the loan. These three loan types are VA, USDA and FHA mortgages. As long as the lender approved the loan using the required guidelines, the lender is compensated should the loan ever go .....

POSTED ON October 3, 2017
majesticloan.com

THREE COMMON MISTAKES FIRST-TIME HOME BUYERS MAKE

Many couples struggle when they decide to buy their first home. They might argue over their wants, needs, and their budget. Many couples make a lot of mistakes along the way with their new mortgage. These mistakes can happen during the mortgage process while others will happen after they buy the home.Here are some common mistakes that first-time ho .....

POSTED ON October 3, 2017
majesticloan.com

THE ADVANTAGE SCALE FOR A CONVENTIONAL FIXED RATE MORTGAGE

Getting ready to apply for a mortgage? You certainly have no shortage of places to get a home loan but you also have no shortage of loan types from which to choose. Here’s a starter list for you—an adjustable rate mortgage, or ARM. A hybrid. A 3/1, 5/1, 7/1 and 10/1. You can choose a fixed rate loan. A  VA loan. FHA. USDA. A conventional mortg .....

POSTED ON October 3, 2017
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