Don’t Let BLACK FRIDAY Get in the Way of Buying a Home!

Don’t Let BLACK FRIDAY Get in the Way of Buying a Home!

Black Friday is nearly upon us. Newspaper inserts, emails and TV commercials abound with information about the “BEST DEALS EVER!”.  You get to the store before the sun even thinks about coming up only to find that you can get an even better deal if you open a line of credit! STOP RIGHT THERE. If you are in the process of buying a home, or considering doing so anytime soon, we urge you to stop and collect your thoughts for a moment. What the heck does Black Friday have to do with buying a home!? That additional percentage off for opening a line of credit could be a deal-breaker when it comes to purchasing a home. If you are in the midst of the mortgage process with a good lender, you already know that you should hold off on opening  new credit...

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The Importance of Good Credit | Why You Need Credit

The Importance of Good Credit | Why You Need Credit

Society is depending more and more on using credit to make purchases and decisions. Nowadays, good credit is used for more than just getting a loan or credit card. A large number of businesses are making the case that you must have good credit before they provide products or services to you. Residence When it comes to a roof over your head, having good credit is important. Mortgage lenders want to assure that you won’t default on your mortgage. If you bad credit or no credit, the lender will consider it risky to give you a mortgage loan. The consequences could be a higher cost of borrowing or worse, a denial of the loan. Don’t believe that because you aren’t on the market for a new home, that your credit won’t be called into question. Your...

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What you Need to Know when Shopping for a Mortgage

What you Need to Know when Shopping for a Mortgage

If you are eyeing North Central Indiana homes for sale, you may be ready to begin the process of finding a mortgage program that is right for you and your budget. In fact, most realtors will request that you look into financing and home loan programs before you begin your search for North Central Indiana homes for sale. If you wish to begin the hunt for homes for sale, you will need to first be preapproved for a mortgage, and you will want to find a home loan program and financing terms that work best for you. Although you may be excited at the prospect of looking at homes, it is important to take the process slowly so you can be assured you will find the home loan that is best for you. Here’s what you need to consider when shopping for a home loan...

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