Learn about Mortgages

Which option would you chose: Get the lowest rate on your mortgage or save more money?

Maybe it's time to think about debt consolidation.

Check out the difference between Fixed and Variable Rate Mortgages # Home buyers # Financial planner # realtors # Accountants # Sold # Buyers

Why credit score is Important? A credit score is a number that express your credit information at one point in time. It indicates the risk you represent for lenders, on scale from 300 to 900. The higher your score, the lower the risk for lenders. There are 5 Cs of credit score (Capacity, Capital, Character, collateral, and Credit). Let us talk about 3 main Cs: * Credit: Do you demonstrate good habits in handling credit obligations? * Capacity: Do you have the ability to pay ...money that is owing? * Character: Can you be trusted to repay the mortgage? If you have a poor credit: a) you may be denied when applying for a credit. b) you may need to obtain a co-signer to be approved for a credit. c) Or You may have to pay higher interest rate. The 4 things you need to qualify for a mortgage: Credit history, down payment (Equity), monthly debts charges include financial obligations and Income employment history. Contact me today to see how much you can be qualified for. See more

Did you know that if you own your home you can use your equity to purchase a rental property? Also the interest paid on the rental property is tax deductible. Contact me today to learn more options available to you.

Why credit score is Important? A credit score is a number that express your credit information at one point in time. It indicates the risk you represent for lenders, on scale from 300 to 900. The higher your score, the lower the risk for lenders. There are 5 Cs of credit score (Capacity, Capital, Character, collateral, and Credit). Let us talk about 3 main Cs: * Credit: Do you demonstrate good habits in handling credit obligations? * Capacity: Do you have the ability to pay ...money that is owing? * Character: Can you be trusted to repay the mortgage? If you have a poor credit: a) you may be denied when applying for a credit. b) you may need to obtain a co-signer to be approved for a credit. c) Or You may have to pay higher interest rate. The 4 things you need to qualify for a mortgage: Credit history, down payment (Equity), monthly debts charges include financial obligations and Income employment history. Contact me today to see how much you can be qualified for. See more

Did you know that if you own your home you can use your equity to purchase a rental property? Also the interest paid on the rental property is tax deductible. Contact me today to learn more options available to you.

"Remember, if you're not paying your own mortgage, you are paying someone elses! $2000.00/month x 25 years =$600,000.00! Contact me today to learn how to be prequalified to buy your own home! I can make the process very simple for you!"