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Will Getting a Mortgage Help My Credit Score?

by lizlaurenb | Nov 2, 2023 | Credit, Homeowner Tips

Getting a mortgage can potentially help your credit score, as long as you make your payments on time and in full each month. Payment history is one of the most important factors that influence your credit score, so consistently making your mortgage payments on time...

The LTV Ratio How Loan to Value Works and Why You Need to Understand This Ratio

by lizlaurenb | Oct 13, 2023 | Mortgage

Are you in the market for a new home? If you plan on using mortgage financing to buy your next home you’ve likely heard the phrase “loan-to-value” or the acronym “LTV” before. Let’s take a quick look at the loan-to-value ratio...

A Quick Look at Reverse Mortgages: The Golden Ticket to Enjoying Your Golden Years

by lizlaurenb | Sep 28, 2023 | Home Mortgage Tips

With a high volume of millennials set to enter the real estate market this year, it may seem like all the available options out there were created to snag new home buyers. However, there are products available on the market that cater to those who are in their golden...

Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

by lizlaurenb | Sep 27, 2023 | Home Mortgage Tips

Buying a home is one of the largest investments you will make in your life, and that’s why so many people have longer mortgage amortization periods to pay down the principal. While it may seem appealing to have a longer amortization period, here’s why an...

Understanding the Differences Between ‘Prequalified’ And ‘Preapproved’ For a Mortgage

by lizlaurenb | Sep 15, 2023 | Home Mortgage Tips

Are you in the market for a new home? If you are going to rely on mortgage financing to cover some of the purchase cost, you will need to start the application process as soon as possible. However, what if you just need to know how much you will be able to borrow so...
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International Bankers Group | NMLS# 339877

Mortgage Loan Originator License #MLO-347870

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