Mortgage Dictionary: What is Refinancing?
The Flyhomes Mortgage beginner’s guide to refinancing. What is refinancing and how does it work?
Tag: Financial Planning
6 things to avoid when applying for a mortgage
You know there’s a rulebook for applying for a mortgage. But is there anything you should avoid? Here’s what they are and how to avoid them.
How to Unlock Home Equity $$
Talk to a financially savvy friend and they’ll tell you to make your assets work for you. If you own a home, you may have heard that savvy friend mention things like HELOCs and cash-out refinancing, but how much sense did those terms make?
Show Me the Money!: Funding Your Home Purchase
You lender wants to see that the money you’re using for your down payment is rightfully yours and that spending it won’t impact your ability to repay the loan.
Heads Up: Today’s Interest Rates Could Save You Hundreds per Month
Falling mortgage rates could mean over $300 in monthly savings for Seattle homeowners.
Fixed vs ARM: How to Choose Your Loan
By JP Dennis, Flyhomes Mortgage When researching mortgage loans, you’ll decide between a fixed rate mortgage and an adjustable rate mortgage(ARM). Let’s explore both to help determine which is best for you. The basics -An […]
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.
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.
“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.
