Archive for September 20, 2015

Preparing Your Finances to Get the Best Mortgage Rate

Written by Family Photos. Posted in Bad credit home loans, Mortgage companies nashville tn, Subprime mortgage lenders

Fixed rate home loans
Buying a home can be an excellent investment. The money you spend every month on rent is money you will never see again. On the other hand, making monthly payments on a mortgage puts equity in your home and you will recover it when you sell your home. The key to getting the most value out of a mortgage investment is by allocating the greatest amount of your payment towards the principle. You can achieve this by finding low interest home loans and avoiding extra fees that come out of your mortgage payment. Here are a few tips for using your mortgage to make a good investment:
  • Work on your credit score. Mortgage lenders offer interest rates within tiers. The higher your credit score, the higher tier you’ll land in and you’ll be eligible for lower rates. In the months before yo