07 Feb 2023
By 24hr Mortgage

Why Your Kitchen Features Matter

Mortgage, ,
If you are interested in purchasing a house in the near future, you need to pay close attention to your kitchen. The kitchen is considered to be the heart of the home, and you need to make sure the kitchen is laid out appropriately. You need the kitchen to match your expectations, but you also need to pick a kitchen that will help you maximize the value of your home if you decide to sell it down the road. What are a few of the most important examples of kitchen features you need to pay attention to? The Cabinets  Always…
Read More
03 Feb 2023
By 24hr Mortgage

3 Tips To Consider When Buying A Home With An FHA Mortgage

Mortgage,
FHA loans are becoming increasingly popular these days as potential homeowners may not able to qualify as easily for conventional mortgages. The FHA insures some higher-risk loans, in turn allowing borrowers with low down payments and less than perfect credit to purchase homes and bolster the housing market. However, while getting through the loan process with an FHA mortgage loan is not necessarily more difficult than with a conventional or conforming loan, there are some issues that you will want to be aware of. Property Condition You can't buy just any property with a FHA loan, or any other loan…
Read More
31 Jan 2023
By 24hr Mortgage

What You Need To Know About A Closed-End Second Mortgage

Mortgage, ,
A home is probably one of the most expensive purchases you will ever make. It is important for you to understand all of the options available to you, particularly if you need a quick source of cash, and you might be thinking about taking out a second mortgage. You can use a closed-end second mortgage to cover the cost of repairs, medical debt, and even consolidate your other sources of debt. How do you know if this option is right for you? An Overview Of A Closed-End Second Mortgage If you decide to take out a second mortgage, you will…
Read More
26 Jan 2023
By 24hr Mortgage

Getting A Mortgage When Self-Employed: What You Need To Know

Mortgage, ,
There is a common misconception that someone who is self-employed will not have the tax records or income necessary to qualify for a mortgage; however, that is not necessarily the case. In reality, if you are self-employed, there are a lot of home loan options available to you. It is true that it might require some additional paperwork and planning, but as long as you have the necessary information, you should be able to qualify for a mortgage.  What Is Necessary To Qualify For A Self-Employed Mortgage Loan? If you are interested in taking out a mortgage when you are…
Read More
24 Jan 2023
By 24hr Mortgage

What Is A Loan Contingency: An Overview

Mortgage,
If you are in the process of looking for a new home, you need to find the right one to meet your needs. Sometimes, you want to learn more about specific properties before you decide if it is right for you. As a result, a lot of prospective buyers will include contingencies in their home offers that may allow them to back out without losing their earnest money. What are a few examples of loan contingencies, and how can you use them to protect yourself during the process?  Examples Of Common Loan Contingencies Even if you have agreed on a…
Read More
20 Jan 2023
By 24hr Mortgage

An Often-Overlooked Trick Can Help You Afford A Second House

Mortgage,
The whole idea of investing is to use a portion of your money now to get more down the road. It is important for everyone to diversify their investments, and you might be thinking about buying a second house to do so. Investing in real estate is a goal that a lot of people have, but how can you get started? It was challenging enough to buy your first house, so how can you afford a second one?  Use A Cash-Out Refinance To Buy Your Second House One trick that many people overlook is that they can actually conduct a…
Read More