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Source: 5 Home Buying Myths: Set Your Clients Straight | Realtor Magazine. Posted by Mortgage Masters Group at 4:09 PM No comments: Email This BlogThis! Share to Twitter Share to Facebook Share to Pinterest.. Mortgage Masters Group NMLS Branch ID#: 373290 Phone 772-340-4003 Email doug.
At this stage in your life, it’s a good idea to review your home loan and your financial well-being to ensure that your mortgage is meeting your needs and you can set yourself up comfortably for.
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Pushed by demand from customers, increasing real estate values, and competition from other lenders, major mortgage lenders are easing their. Residential housing prices heavily influence demand for housing credit. Demand for mortgage brokers increases when home prices rise because purchasing a.
Laura A. Baxley’s position is in high demand. When you apply for a mortgage, the lender will need you to supply evidence of your employment status and income. This information is needed to verify that.
For instance, in the event of a housing market correction you might owe more than what your home is worth. Ask yourself if a low interest rate and easy access to credit may encourage you to spend more than you can afford to pay back. You could find yourself in a debt spiral, using additional home equity just to stay current on your mortgage.