Category: Brighton Cross Country Mortgage

Taking The Plunge Into Homeownership

Are you ready to take the plunge into homeownership?  The cost of renting has continued to increase while the costs of buying along with interest rates have continued plummeting.  The purchase of your first home can be quiet daunting.  The process of getting pre-approved for a mortgage, hiring a realtor, finding a home, getting it..

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Helpful Mortgage Advice For 2017

Homeowners looking to refinance or hoping to buy a new home in 2017 all have one thing in common, they will all need to get the money to make it happen.  Below you will find helpful advice that applies to mortgages in 2017. Homeowners can make a small down payment or none at all: Mortgage..

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Considerations In Financing Your New Home

Before you purchase your first home and finance your very first mortgage there are a few things to consider.  Consider the following as you embark on your new life journey into homeownership. Before you hire a realtor or start looking at homes it is important to meet with a mortgage broker.  Once you have met with a mortgage..

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Popular Mortgage Options In 2016 Continued

In our last installment on mortgage options we discussed three popular options including the thirty and fifteen year fixed rate mortgages and adjustable rate mortgages.  Throughout this installment we will look into other popular options homeowners have when looking into financing a home. Interest only mortgages can be either fixed or adjustable rate and offer..

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Popular Mortgage Options In 2016

When it comes to mortgage options there are more than a few options to choose from.  In this installment we will look at popular mortgage options from fixed to adjustable, thirty to fifteen years and more. The first option we will discuss is the most traditional type of mortgage available is the thirty year, fixed..

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Buying A Home With A Less Than Stellar Credit Rating

Are you starting to consider buying a home?  If so you have probably heard how important your credit score is in obtaining a mortgage.  It is possible that you may have been previously turned down for a home loan because of your poor credit.  Or that you have pulled your credit report to realize that..

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The Difference Between Mortgage Brokers and Banks

Are you looking into financing the purchase of a new home?  You may be overwhelmed at the possibilities that exist within the mortgage industry.  There are numerous options and channels that can be used to obtain a mortgage.  In this article we will focus on two specific areas, mortgage brokers versus banks. Mortgage brokers work..

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Seeking Out Non-Traditional Financing For Mortgages

There are times when an individual’s credit rating doesn’t match their intentions.  When a borrower has met with the unexpected in life such as a divorce, medical bills, job losses or poor money management it can wreak havoc on their opportunities to get financing.  This can deter many individuals, especially when wanting to obtain a..

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Refinancing With A Low Credit Score

Interest rates are at historic lows.  More homeowners than ever before are considering refinancing.  Think about it interest rates in 1998 for a 30 year fixed mortgage were on average about seven percent; today interest rates sit at an average of between three and three and a half percent.  That is a huge savings for..

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Mortgage Brokers Bridging The Gabe Between Lenders and Borrowers

Let’s face it most of us are not the ideal borrower.  We don’t all have good credit ratings, substantial down payments, low debt to income ratios and more.  In fact most borrowers have credit problems and obstacles to overcome when trying to meet lender requirements especially when seeking to refinance or to obtain a new..

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