Increasing the value of your home is a tricky business. The bank or other appraisers will be doing a thorough inspection and giving value to your home based on what they see. It often feels like there are million-and-one criteria they look for, so any little thing you can do to make your home look…
In the eyes of the lender, the world of mortgages and all the metrics associated with them can be confusing. The fact of the matter is that those rates are determined not by the lender, but rather the people selling them to those lenders. It’s a bit confusing at first, but we’ll help break it…
You may want to invest in a bond rather than exposing yourself to the risks of the volatile nature of the stock market. Bonds, unlike stocks, offer protection and high ranking claim if the issuer defaults on payments. The main difference between mortgage bonds and debenture bonds are their requirements. While one requires collateral to…
For even the most experienced homebuyers, mortgage interest rates can still have a sense of mystery about them. If you’ve ever wondered how interest rates get calculated, your lenders at First Choice Mortgage can help. Read to discover some of the factors that affect your interest rate when applying for a home loan. What Determines…
When you’re starting your journey of home ownership, the first step is to research the types of home loans available to you. We know it can be a challenge to find the right mortgage loan, and if you’re a first time home buyer, it can even be stressful. We’re here to educate you on what’s…
Now that you want to buy a home, this may be the most significant investment of your life. If you are experiencing financial hardship or economic instability, and thinking, “I can’t afford my loan payments,” here are tips that will help you save money even if you think you can’t move forward with finding your…
When you’re looking for a new home or you want to sell your property, you will be faced with the choice of hiring a real estate agent, realtor, or real estate broker. You might initially assume that these are all the same or are very similar to each other. While they do share similarities, there…
Having to choose a mortgage broker in Georgia may be difficult because there are so many. Making this decision can be tough, particularly when you’re not sure what to look for. But, there are significant features of a good mortgage lender you can look for. Below, you’ll see some of the critical things to look…