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.
Category: Mortgage
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.
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.
“Will This Hurt My Credit Score?” 5 Credit Myths, Debunked
There seems to be an endless number of myths out there surrounding what can and cannot hurt your credit score. Let’s debunk some of these myths once and for all.
What Is Loan Servicing? Find Out How it Can Complicate Your Mortgage Payment.
More often than not, when you commit to a lender for your home purchase, your lender stays with you only until your loan funds. After that point, a loan is usually sold to an investor and/or a loan servicer who will run the day-to-day upkeep of your account.
The Case for Today’s Interest Rates
Falling mortgage rates sound good, but if you’re not used to thinking about these numbers, it can be difficult to know at a glance what a change like 0.767% actually means. Here are three big ways today’s rates are good news for you if you’re looking to buy a home soon.
Escrow Accounts, Explained
An escrow account is designated primarily for payment of your property taxes and homeowners insurance plus any other required insurance. You pay into the account, which is managed by your mortgage lender, as you make your mortgage payment.
“What’s the Interest Rate?” Is a Flawed Question. Here’s Why.
It’s smart to shop around for mortgage lenders, but your first question shouldn’t be “what’s the interest rate?”
The Thing Most House Hunters Don’t Do, But Really Should
How pre-underwriting gives you power.
