Category Archives: Loan Officer

Selling Your Home? Don’t Overprice it!

We recently read an article about why sellers overprice their homes. You may not be thinking of selling your home any time soon, but we thought this was a good reminder that when it comes time for you to do … Continue reading

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The Credit Scoring Mystery

How your credit score is calculated is like the secret formula for Coke –  the average consumer doesn’t really know! However, FICO has provided five categories that are considered when determining a credit score. Payment History: 35% Length of Credit … Continue reading

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Does It Really Help to Round up Your Mortgage Payment?

Recently, we’ve had clients ask us about how to prepay on their mortgage. Of course, if you have an extra $100 per month, you may just want to add that to your monthly payment. But there’s another way…by rounding up … Continue reading

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The Different Levels of Homeowner’s Insurance: What You Need to Know

Most standard homeowner’s insurance policies cover damage to your home for theft, fire, lighting, smoke, frozen pipes, ice or certain types of weather damage. It usually covers you up to a certain dollar amount if someone is injured on your … Continue reading

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How to Read those Confusing Credit Score Codes

As part of virtually every credit report that we’ve seen, credit bureaus include a list of “reason codes” with numbers and a short (very short) explanation of what the number means. So if you’ve read a copy of your credit … Continue reading

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