Posts Tagged: Home buying tips from NJ mortgage bankers

Loans for Police Officers and Law Enforcement

Thank you for your dedication to protect us! At Residential Home Funding, we appreciate all the hard work and effort police officers and law enforcement personnel like you do to protect us. That is why we offer two different types of home loans that are special for law personnel just like you. If you are:… Read more »

Want To Reduce Your Closing Costs?

How to get the best costs and to finish the deal to homeownership To obtain a mortgage, we have to pay miscellaneous fees regarding the title, land surveyor, the government for their taxes and recording the deed, and other fees. The closing costs alone can be an additional 6% of the loan. However, the closing… Read more »

8 Mortgage Mistakes You Should Not Make

Picture this: you found your perfect house. You put in your offer and the seller accepts! Now it’s all about obtaining that mortgage to secure the deal. But did you know there are some mistakes you could be making that will affect your mortgage? We advise you to avoid the following: Picking any old mortgage… Read more »

Create a budget fit for YOU

To budget your finance is to get an estimate of your income and expenditure for a set period of time. Like jeans, there is no budget plan that fits for all. Your friend’s budget might be different from yours. So how do you create a budget that is made just for you? Determine your must-haves… Read more »

Tricks to Boost Your Credit Score Fast

The national average credit score is 695 and half of consumers fall in the desired 700-plus range. You can get a mortgage with that score or even lower, but you need a score of 740 or higher to get the best rates. While credit history isn’t created overnight, there are some things you can do… Read more »

History of the Mortgage Rates

We’ve been saying a lot that mortgage rates. You might think it’s a gimmick and we are pulling your arm. However, if you look at the past 100 years, you can see it’s actually true! Around 1930’s, mortgages were starting to take off in America. When they first started, most mortgages required buyers to make… Read more »

How to close quickly on your mortgage

Mortgage rates are at an all-time low and with the availability of low- and no-down payment loans, it’s no wonder why it’s easy to be a homeowner! Due to this, it is a seller’s market. However, a prepared buyer will most likely get the house, especially of the seller requests a “quick closing”. If you… Read more »