Category Archives: Mortgage Info

Don’t fall for this credit myth – you can over-check your credit score

House Logic has some tips that might help even seasoned home buyers. Today we’re featuring… Myth #5: Checking your credit score frequently will hurt your score. Reality: How else are you supposed to keep track of the darn thing? It’s true that … Continue reading

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Don’t fall for this credit myth – no credit history is good credit history

House Logic has some tips that might help even seasoned home buyers. Today we’re featuring… Myth #4: If you’ve never had credit, you have a perfect credit score. Reality: There’s no reason to save your credit virginity for that special something. If … Continue reading

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Don’t fall for this credit myth – closing old credit cards erases the history

House Logic has some tips that might help even seasoned home buyers. Today we’re featuring… Myth #3: Closing old cards will erase any negative history. Reality: If it was that easy, we’d all be driving Teslas. Credit-reporting companies keep information on your … Continue reading

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Don’t fall for this credit myth – it’s OK to pay credit cards a day late if you pay them off in full

House Logic has some tips that might help even seasoned home buyers. Today we’re featuring… Myth #2: It’s OK to pay credit cards a day late if you pay them off in full. Reality: ”Missing a payment is the biggest way … Continue reading

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Don’t fall for this credit myth – keep a small balance you keep on your credit card

House Logic has some tips that might help even seasoned home buyers. Today we’re featuring… Myth #1: Always carry a small balance on your credit card. Reality: The credit score gods want to know two main things: that you pay … Continue reading

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New Mortgage Tip #4 – be realistic about a budget and the life you enjoy

Happy to share great advice from House Logic on getting a mortgage. Tip #4 – be realistic about a budget and the life you enjoy Track your spending monthly, so you really know how much you spend. Factor fun into … Continue reading

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New Mortgage Tip #5 – read the paperwork

Happy to share great advice from House Logic on getting a mortgage. Tip #5 – read the paperwork Watch for these docs. The loan estimate will come first. Here are some key things to look for: The APR (see No. … Continue reading

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New Mortgage Tip #3 – don’t fall for marketing gimmicks

Happy to share great advice from House Logic on getting a mortgage. Tip #3 – don’t fall for marketing gimmicks Block out the noise. Shop for your mortgage according to trusted recommendations and reliable reviews, not slick deals that sound … Continue reading

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New Mortgage Tip #2 – compare loans correctly

Happy to share great advice from House Logic on getting a mortgage. Tip #2 – compare loans correctly Compare loans by the annual percentage rate, or APR, not just by interest rate. Each lender should give you a document aptly … Continue reading

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New Mortgage Tip #1 – find your mortgage before you find your home

Happy to share great advice from House Logic on getting a mortgage. Tip #1 – find your mortgage before you find your home Start talking to lenders at least three months — maybe even a year — before you start … Continue reading

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