REALTOR® Melanie Cameron shares some tips for saving money on your mortgage. Doing one or more of these things could save you thousands of dollars and take years off your mortgage.
“Should I Co-Sign a Mortgage?”
If you have good credit and a low debt-to-income ratio, co-signing on a mortgage is a common tactic for helping a child, sibling, or other family member purchase a home when they normally wouldn’t be able to. However, there are some things to keep in mind when deciding if co-signing is a good option for you. After all, you will …
Your 6-Month Home Buying Plan
Buying a home can take months of preparation – maybe even years, depending on your needs. If you’re thinking about purchasing in the next year, we’ve compiled a brief overview of what the average buyer should be doing 6 months to 1 month prior to purchasing a home. This will provide you with some simple guidelines to create your own …
The Benefits and Disadvantages of Using an Online Lender
Their commercials are all over television and streaming devices – online lenders advertising quick approvals and apps that make the application process super easy. The ease of accessibility appeals to home buyers who like the low-pressure benefits of shopping online and the swiftness of information retrieval. However, is there a benefit to using these online lenders and is their application …
Self-Employed Mortgage Requirements – Assure That You Qualify
Being self-employed can be a very rewarding experience. You carry a lot of responsibility for your own success and that of your business, but when you receive your paycheck, there’s no question that you earned every penny. With close to 42 million people in America (about 33 % of workers) being self-employed, it’s easy to say there are many successful …
February 2019 Interest Rates: Now Is a Great Time to Buy
Wilmington NC REALTOR Melanie Cameron talks about the current interest rates, where they rank, and why now is a great time to buy a home. Don’t forget to comment, share, and like this video on Facebook and YouTube to be entered into the monthly gift card drawing. See the Official Contest Rules.
Home Possible® Mortgage: Use Your Sweat Equity as a Down Payment
Are you a low to moderate-income home buyer struggling to save a down payment for a new home? You may be eligible to participate in a special loan program from Freddie Mac called Home Possible® Mortgage. For some time, this program has had one of the lowest down payment requirements on the market at just 3%, and it offers the …
Will Experian Boost Help You Become a Home Buyer?
Do you find yourself falling just below your target FICO® Credit Score? Is your credit history not as robust as lenders would like? Experian Boost may be the solution. What is a FICO® Credit Score? To understand why Experian Boost may help, you must first understand what a FICO® Credit Score is. The Fair Isaac Corporation or FICO® is the …
NC Homeowners Alliance | The Voice of Homeowners
REALTOR® Melanie Cameron talks about the North Carolina Homeowners Alliance, the voice for homeowners at the North Carolina General Assembly, and what they’re trying to do to stop the insurance rate increase and the elimination of the mortgage interest rate deduction. Also, don’t forget to comment, share, and like this video on Facebook and YouTube to be entered into …
February 1st, 2019 is an Important Date for Home Buyers
The national Unemployment Report for the previous month is released the first Friday of each month. The report for January 2019 falls on February 1st, 2019. But what makes this unemployment report significant? It’s results could potentially initiate a series of events that lead to a rise in interest rates. As businesses grow, they create jobs that give people more …