Should I Refinance My Mortgage?
Refinancing your mortgage can be of great benefit to your financial situation. You could get cash back to pay other bills or loans depending on your equity and current interest rates. You may be able to reduce the length of the loan while lowering the payments. If the interest has dropped by even 1%, it […]
What Happens to Repossessed Houses?
When a home is repossessed, the lender has taken back ownership. They weren’t paid according to the terms of the agreed-upon mortgage. Sadly, this usually happens when consumers buy a home they can’t afford. For other households, they had every intention of making those payments. However, life interrupted those plans due to a death, divorce, […]
21st Century Mortgage Loan Requirements
21st Mortgage offers a variety of loans for houses, mobile homes, and manufactured homes. They are one of the best lenders for property loans, whether to live in or buy as a rental property. If you already have equity in your property, you may even be able to get cashback or refinance at a lower […]
How Much Are Mortgage Payments?
An affordable mortgage reduces financial stress, helps you plan for the future, and helps you be ready for emergency expenses. A mortgage takes years to pay off, and you don’t want to worry all the time about those payments. Staying on top of them all begins with a payment plan you can afford! Many variables […]
How do I Find Mobile Home Repos?
There is a lot of competition to find foreclosed mobile homes as there is a lot of profit on the purchase and the sale. What are the best places to find mobile home repos? Here are some places: Estate Agents Craigslist The County Assessor’s Office Sellers of mobile homes Neighbors What are mobile home repos? […]
Practical Benefits of a Repurchase Agreement
The repo market has been growing in popularity over the last few years. Recent studies have shown that more than $2 trillion is traded daily in the repo market. What is a Repurchase Agreement? A repurchase agreement or repo is a short-term loan where a dealer and another party agree to exchange government securities in […]
What Is A Mutual Fund?
A mutual fund is a financial vehicle that pools money from multiple investors to buy stocks, money market instruments, bonds, ETFs (Exchange Traded Funds), and other securities. Mutual funds are run by money managers who allocate the funds in the most profitable way for investors. All mutual funds have a prospectus. The fund’s prospectus includes […]
American Express CreditSecure
Unfortunately, having a credit card does not mean you will be protected against fraud. Some services will help protect you. What is CreditSecure? CreditSecure is a service offered by American Express to help monitor changes to your Credit Score and any fraudulent charges on your credit card. Read on to learn exactly how CreditSecure works. […]
Taking Money From a 401K
How does withdrawing a 401k Plan work? If you have a 401K plan, you may be able to take money out of the account. Many people with debt want to know the advantages and disadvantages of taking money out of 401k to pay the debt. It can make sense in some cases. However, it is […]
George Mason Mortgage, LLC
George Mason Mortgage, LLC, is a wholly-owned subsidiary of United Bank. They offer comprehensive mortgage solutions for a wide range of borrowers. Whether moving into your first home or renovating a current space, George Mason Mortgage prides itself on simplifying the loan process for its customers with in-house underwriting, processing, and closing. George Mason Mortgage […]