Posts Tagged ‘Home Loans’
When Should I Put My House On The Market?
If you’re thinking of selling your home, think spring. That’s because the season of blossoming flowers and gentle breezes has traditionally held the designation as the best time of year to sell a home. Before you start prepping your home for a photo shoot that shows it off in the best light, take a moment…
Read MoreAre you ready to own a home?
Are you ready to buy a house? It’s a question nearly everyone encounters at some point in their life. Whether you’re purchasing a home for the first time or have owned one or many houses in the past, there is always one question that lingers: “am I ready to do this?” At SouthPoint Home Mortgage,…
Read MoreThe truth about mortgage myths and misconceptions
The home buying process can be overwhelming, especially when you’re looking to finance your purchase with a mortgage. It’s important to not only understand the mortgage process but to be aware of potential myths and misconceptions that exist. Myth 1: Being pre-approved guarantees you’ll get a home loan Getting pre-approved for a mortgage is a…
Read MoreMaking an additional payment
Obtaining a mortgage loan can be an overwhelming process. Sometimes, the thought of having a loan against your home for 30 years seems like an eternity. To help reduce that stress, there is an option to consider; make one additional principal and interest payment to your mortgage each year. By doing so you can cut…
Read MoreGet Out of Your Rental
If you’ve been renting and waiting to buy your first home, now is a good time to make your move. A number of industry analysts predict that interest rates will rise slightly over the year, while continuing to stay very affordable. Home prices are also expected to rise, now that more buyers are again competing…
Read MoreBudgeting for Your Next Home Purchase
Whether you’ve owned a home in the past or are looking to purchase for the first time, saving up for the purchase can be one of the most difficult aspects. We work with members on a daily basis to develop savings plans so they can afford to purchase a home down the road. There are…
Read More3 Questions to Determine if You’re Ready to Own a Home
Buying a home is one of the biggest financial decisions you’ll ever make, so it’s important to not rush into it. It may feel like you’re throwing away money while renting (especially if your mortgage payment could be cheaper than your rent), but you may be able to avoid other expenses that homeowners incur. Before…
Read MoreTips to Qualifying for a Home Loan
Oftentimes, the Average Joe doesn’t know much about obtaining a home loan. People hear reports of dropping interest rates and lower home prices and hastily decide to jump into home ownership. To their surprise, they discover that the process of getting a home loan differs from getting a car loan or renting an apartment. Applicants…
Read More