.Deducting
your mortgage interest
One of the best justifications for owning a home, at least for financial
reasons, is the tax savings that result from deducting mortgage interest.
Read about this.
.Determining
your property value
The best way to determine property values is to
monitor the sale of similar properties in the same geographical area.
This way you can track how much a home is listing for, how quickly the
home sells, and at what price. Read more.
.Guide
to refinancing
If you
are a homeowner who was lucky enough to buy when mortgage rates were low,
you may have no interest in refinancing your present loan. Perhaps you
bought your home when rates were higher. Or perhaps you have an adjustable
rate loan and would like to obtain different terms. Read more.
.How
much can you afford?
Imagine you have just completed a search that included
hundreds of hours of looking at the exteriors and interiors of houses.
You have sized up siding, reviewed roofing and perused the petunias. And
finally, you have found the house of your dreams. Now imagine that this
house of your dreams costs much more than you can afford. Read more.
.Primary
Mortgage Insurance's lowering your down payment
Mortgage insurance (MI) allows you to choose from a wider price range
of homes. How? Lenders are generally willing to accept a lower down payment
than the standard 20% if the lender obtains mortgage insurance on your
loan through a mortgage insurance company.
.Primary
Mortgage Insurance's frequently asked questions
.Professional
assistance
Having the right professional people to assist you
when you buy a home can be crucial. It can save you money and headaches.
If an error occurs, you have every right to ask that it be set right.
Read more.
.Save
big with 15 year loans
Save
$100,000 on mortgage interest costs! Sound impossible? Not really. An
old-time mortgage that is once again proving popular allows home buyers
to do just that. It is the 15-year fixed-rate mortgage that lets home
buyers own their homes free and clear in 15 years. Read more.
.The
loan closingOnce your application has been approved and you've received either a commitment letter or approval letter from the lender, the final step before you can call the house your own is the closing, or settlement. Even though you have a signed purchase agreement and your loan request has been approved, you have no rights to the property, including access, until the legal title to the property is transferred to you and the loan is closed. Read more.
.The
mortgage loan processBuying a home may be the most exciting, confusing and stressful financial transaction you ever undertake. If you understand the steps required to qualify for a mortgage loan, however, much of the stress can be avoided. This explanation of the loan application process is intended to help you through the complexities of obtaining a mortgage loan. Read more.
.What
happens after applying?Much of the home buyers' unease results from not knowing what is going on. You know credit checks and verifications of employment are taking place, but what makes the difference between getting or not getting that loan, and how long does it take? This page can dispel at least some of the anxiety by detailing steps the lender takes in making the loan decision, a process called "underwriting." Read more.
.What
to expect after your purchaseIf you properly calculated your finances before buying your new home, you should be able to meet your monthly housing obligations. Most people will have higher costs now than they did before, whether or not they rented previously. There are several things you need to keep in mind after you move into your dream home. Read more.
.When
your loan is transferred This page answers the fallowing questions:
What does transfer of servicing mean?
How does it affect your loan?
When will you be notified?
An important consumer safeguard
Where do you pay your next payment?
What happens to your escrow account?
What about insurance policies and taxes?
Who sends you your tax statement?
Do you have more questions?
Consumer checklist
Questions/comments
email customer.service@surefastmortgage.com
or call 1-877-889-7300
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