Brush up on these mortgage basics to help you determine the loan that will best suit your needs. Mortgage terms. Mortgages are generally available at 15-, 20-, or 30-year terms. In general, the longer the term, the lower the monthly payment. However, you pay more interest overall if you borrow for a longer term. Fixed …
May 21
What You Can Do to Improve Your Credit
Credit scores, along with your overall income and debt, are big factors in determining whether you ll qualify for a loan and what your loan terms will be. So, keep your credit score high by doing the following: 1. Check for and correct any errors in your credit report. Mistakes happen, and you could be …
May 19
Find the Home Loan that Fits Your Needs
By: G. M. Filisko Understand which mortgage loan is best for you so your budget is not stretched too thin. It’s easier to settle happily into your new home if you’re confident you can afford it. That requires that you understand your mortgage financing options and choose the loan that best suits your income and …
May 18
How to Structure the Deal to Share the Profit Fairly
This is one of the most difficult places where syndicators get burned. Many syndicators, that I see, structure their deal with a 50/50 back-end. That means that the syndicator does all the work, the investor puts up all the money, and when the property sells several years into the future, they split whatever the upside …
Daniel Andrade
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CENTURY 21
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