How to Build Your Credit History
Our top strategies to help people who haven’t yet built their credit history so they can be ready to apply for a mortgage.
Month: March 2019
8 Ways to Improve Your Credit Score
Here are 8 actions we’ve used at Flyhomes Mortgage to guide our clients to improve their credit scores to get them into their new homes at the best prices possible.
The Advantages of Cash Offers
We started the Flyhomes Cash Offers program—in which we buy homes in cash on behalf of our clients—after many clients lost out on homes they loved because they were making financed offers against cash buyers in competitive markets.
2018 Homeowner Tax Benefits (Are Still a Thing!)
This time of year, filing taxes is at the top of most people’s to-do list. The media buzz seems to circle around how much lower refunds are this year due to the Tax Cuts and Job Act of 2017 (TCJA 2017). Despite the potential negative implication of the recent tax law changes, homeownership still provides a significant benefit.
You Don’t Need a 20% Down Payment
The idea of buying a home with less than 20% down may seem taboo, but in today’s real estate market it doesn’t have to be. In fact, it may actually be beneficial.
What I Love About Pioneer Square
After browsing a few different buildings, the two things that drew me into mine was the proximity to Downtown and Chinatown, enough access to public transportation that I could sell my car, and the view from the rooftop. That’s how I ended up in Pioneer Square, though I call it “P2”.
What Is PMI?
Private Mortgage Insurance (PMI) is insurance required by lenders in most scenarios when the borrower makes a down payment of less than 20% on their home purchase. It protects your lender if you default on your mortgage and allows them to recoup losses related to the lower amount of equity in the home.
Comparing 4 Common Mortgage Loan Types
FHA, VA … OMG! When you start to learn about mortgage loans, it can be a little like learning a new language. We created this cheat sheet about 4 common loan types to give you a quick way to know what you’re likely to qualify for and what you might want to choose when you start to shop for a loan.
