Tag: <span>#trending</span>

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KEEP IN MIND

Are you looking to finance a second or vacation home? Here are some things to keep in mind: You need a minimum of 10% down payment, it is better if you can put 20% down as you can avoid mortgage insurance. The location of the home needs to make sense. There is not a rule...

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ALWAYS OBTAIN A PAYOFF STATEMENT

  Before paying off your mortgage loan make sure you obtain the payoff statement.  The lender can provide a payoff statement and the final amount to be paid to release their lien. Then you can know the principal balance, interest up to the date of closing, penalties (if any), and other charges the lender may...

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REVERSE OR FORWARD MORTGAGE?

What is the difference between forward and reverse mortgage? Reverse mortgage, money is borrowed, the loan is secured by your home, but you don’t have to pay it back with money out of your pocket. The loan is paid by the equity in your home; the mortgage balance increases over time. One way to understand...

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“FIRST TIME HOMEBUYER PANDEMIC SAVINGS ACT”

The National Association of Realtors® recently went before the United States House of Representatives in support of the First Time Homebuyer Pandemic Savings Act.   Want to know more about the legislation and what it could mean for first time homebuyers?     We offer a variety of products and services, ask us how we...

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THE PUSH TO REFINANCE

You may have received a phone call, mailer, or email with the promise of low rates and lower payments. Below are some thoughts to consider before you refinance. The most basic analysis is to compare the savings to the costs. For example, if the costs are $2,500 and the savings is $100 per month, then...

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WHAT IS THE BEST REFINANCING OPTION FOR YOU?

  There are a variety of options for refinancing mortgage loans. What is best for you? The fact is, not everyone’s situation is the same.   At Counsel Mortgage Group we do what is best for you. We have many options for our customers. Ask us about our fixed loan options, we have several. We...

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COUNSEL MORTGAGE GROUP CULTURE

  The overriding culture at Counsel Mortgage Group is to help people. Mortgages can be confusing. There are many different options available which can be paralyzing. It’s the guidance through these options and throughout the mortgage process that we specialize in. We are not a turn and burn mortgage company. The manner in which we...

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BUYING, REFINANCING, WHAT’S THE PLAN?

As you can imagine, we get asked more so than ever before, “Is now the right time for buying or refinancing a home?” Refinancing is currently on the forefront of many homeowner’s minds today. If you are a prospective home buyer when should you start planning for your mortgage? The answer is as soon as...

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IT LOOKS LIKE A CONDO

It looks like a condo, is it a condo? One cannot determine whether or not a structure is a condo by looking at it when it comes to HOA’s. There are many properties that you may know as a patio home, townhome, or even a single-family residence, but because of the way the land was...