Mortgage Mistake 3 - New Lines of Credit. When you are about to purchase a new home, you think about the wonderful, brand new shiny appliances you'll get. The furniture that will reflect your personality, the art, the accessories. Mortgage Mistake 3. Don't! There are multiple … [Read more...] about Mortgage Mistake #3-Opening New Lines of Credit
Mortgage Mistake #2 – Waiting Until You Can Make a 20% Down Payment
An even bigger mortgage mistake is waiting until you have enough money for a 20% down payment. It's true that when your down payment is less than 20%, your mortgage will cost you more, but if you wait, the financial benefits you realize by owning rather than renting will be … [Read more...] about Mortgage Mistake #2 – Waiting Until You Can Make a 20% Down Payment
Mortgage Mistake #1 – Moving Money Around
It’s not the house hunt that scares buyers off, it’s applying for a mortgage. It’s easy to mess up. Today is Mortgage Mistake #1 of a 5-part series. Mess up #1 - Moving money from one account to another. Many of you have heard that if you move your home-buying funds from one … [Read more...] about Mortgage Mistake #1 – Moving Money Around
