Home Loans

Top 5 Tips for Buying Investment Property

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Buying investment property

Buying investment property is stressful.  Buying investment property typically means taking your personal tastes out of the decision. But, paying close attention to details will make the home pleasing to future tenants. There are so many things to consider when buying an investment property, that it is a good idea to learn as much as you can beforehand from real estate investment experts like Than Merrill. However, here are some basic tips for buying investment property. Tips for Buying Investment Property Get Pre-Approved Unlike some personal home loans, investment property mortgages generally require at least a 20% down payment.  Make sure the properties you intend to buy are something that you can afford.  You should attempt to get pre-approved for a mortgage before … Read more

How to Compare Home Loans Between Several Mortgage Lenders

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Compare Home Loans Between Several Mortgage Lenders

To obtain the best mortgage deal, it is helpful to understand something about the loan process itself. For example, knowing what closing costs are involved can help you negotiate better terms. Before you delve into the details, first look at your options by contacting several lenders. Brokers can also introduce you to several banks or lending institutions that can help you compare one another. By contacting more than one mortgage lender, you open yourself up to a wider selection of choices in which to make the best mortgage decision for you and your family. Compare Home Loans With Apples To Apples Look at loans with the same terms and for the same amount. That way, you can decide if you … Read more