Ignite FB Tracking PixelTag: Mortgage - Corky Cordell
Cordell Realty

Tag: Mortgage

Posted on 07/18/2022
2 Major benefits of getting preapproved for a mortgage
Getting preapproved for a mortgage is an important part of the home buying process. While technically not required before you begin your home search, there are some key advantages to getting preapproval from a lender before you get too deep into the process. Here are some of the main reasons why to consider getting preapproved for a mortgage:...
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Posted on 04/11/2022
Veteran Mortgage Relief Guide: Key Terms & Details
The U.S. government has multiple options available for military veterans who may be facing foreclosure. Through the Department of Veterans Affairs, borrowers can get financial relief through means such as forbearance, deferment, refinancing and more. However, there are some crucial details to be aware of. Here are some of the most important things to know about current veteran...
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Posted on 08/16/2021
Pros and Cons of Balloon Mortgages
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
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Posted on 05/03/2021
Should Opt to Pay Your Mortgage Off Early?
Image by Nattanan Kanchanaprat from Pixabay Owning a home can be an amazing experience. But interest from your mortgage accumulates over time, leaving you to seemingly pay an arm and a leg to finance your home. But while you may think that paying off your mortgage early is a great idea, that isn’t always the case. You May...
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Posted on 03/08/2021
Looking to Buy a Home? Let's Start with Your Loan
Photo by Nattanan Kanchanaprat via Pixabay If you’re in the market to purchase a home, it can be a confusing process. Interest rates, types of loans and what may apply to you can all sound like a foreign language. It’s always best to have some background knowledge before going to see a mortgage broker to make sure you’re...
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Posted on 01/18/2021
Benefits of Financing With a Credit Union
Image by annca from Pixabay You’ve finally found the perfect home. It’s got the number of bedrooms you wanted, a spacious kitchen, updated bathrooms, and even a beautiful vegetable garden out back. Now comes the tricky part—how to pay for it. Numerous home buyers find financing their mortgages through a credit union to be a good option. According...
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Posted on 09/07/2020
Seller-Financed Mortgage: What Is It?
Photo by Charles Thompson via Pixabay A vast majority of homebuying transactions rely on the buyer qualifying for a mortgage through a bank. After all, most people don't have enough cash lying around to buy a home outright. Nowadays, you have more options with different types of lenders and alternative financing companies where you can seek pre-approval online....
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