Search | BigMoney.VIP

Mark Lorenzo

added blog Financial Services
2023-05-30 18:41:24 -

10 questions to ask mortgage lenders
1) How much can I borrow to buy a home? When determining how much you can borrow, lenders may consider your income level compared with debt, your employment status and your credit history. Talk to a lender about getting prequalified for a mortgage before you start shopping for your new home.11start superscript, 1, end superscript This can make the whole experience go more smoothly....

0 Comments 0 Shares 19K Views 0 Reviews

Please log in to like, share and comment!
Leonard Pokrovski

added blog Finance
2025-09-20 17:31:03 -

How to Get a Mortgage
How to Get a Mortgage Buying a home is one of the biggest financial decisions most people make in their lives. For many, getting a mortgage is a necessary step in turning the dream of homeownership into reality. While the process may seem complicated at first, understanding the key steps can make it much more manageable. Here’s a comprehensive guide on how to get a mortgage. 1. Assess...

0 Comments 0 Shares 4K Views 0 Reviews

Please log in to like, share and comment!
FWhoop Xelqua

added blog Brokerage and Mortgaging
2022-10-12 13:09:00 -

In the US, the average mortgage rate for the first time since 2008 exceeded 6%
The number of applications for mortgage loans fell by 64% compared to last year. In the US, the average mortgage rate for the first time since 2008 exceeded 6%, Reuters reports, citing data from the Association of Mortgage Banks. At the end of July 2022, the US Federal Reserve System (FRS) raised the interest rate by 75 basis points, to 2.25-2.5% per annum. Such an increase in mortgage rates...

0 Comments 0 Shares 25K Views 0 Reviews

Please log in to like, share and comment!
Leonard Pokrovski

added blog Money
2025-09-16 19:12:23 -

What Is a Mortgage?
What Is a Mortgage? For many people, buying a home is one of the biggest financial decisions they will ever make. Since most buyers don’t have enough savings to purchase a property outright, they rely on a mortgage—a loan specifically designed for real estate. Understanding how mortgages work is essential for anyone planning to own a home, refinance, or even invest in property....

0 Comments 0 Shares 3K Views 0 Reviews

Please log in to like, share and comment!
Leonard Pokrovski

added blog Personal Finance
2025-11-06 19:20:01 -

Can I Pay Off My Loan Early? What Happens If I Repay Ahead of Schedule?
Can I Pay Off My Loan Early? What Happens If I Repay Ahead of Schedule? Managing a loan responsibly often leads to an important question: “Can I pay it off early?” Whether you have a personal loan, mortgage, car loan, or student loan, repaying ahead of schedule can be appealing. The idea of being debt-free sooner — and possibly saving on interest — sounds ideal....

0 Comments 0 Shares 1K Views 0 Reviews

Please log in to like, share and comment!
Leonard Pokrovski

added blog Personal Finance
2025-11-05 15:58:07 -

How Do I Know If I Qualify for a Loan?
How Do I Know If I Qualify for a Loan? Understanding Credit Scores, Income Requirements, and Options with Bad Credit Getting approved for a loan — whether it’s for a car, a home, or personal expenses — often feels confusing and intimidating. People frequently ask, “What credit rating do I need?”, “How much income must I show?”, or “Can I get a...

0 Comments 0 Shares 754 Views 0 Reviews

Please log in to like, share and comment!
Leonard Pokrovski

added blog Personal Finance
2025-11-07 23:45:30 -

How Do Lenders Decide on Loan Approval?
How Do Lenders Decide on Loan Approval? What Information They Check, What Documents You Need, and Why Income, Employment History, and Debt-to-Income Ratio Matter Applying for a loan—whether for a car, a home, or personal expenses—can be both exciting and intimidating. The approval process often seems mysterious: what exactly do lenders look at, and why? The truth is that lenders...

0 Comments 0 Shares 2K Views 0 Reviews

Please log in to like, share and comment!
Leonard Pokrovski

added blog Personal Finance
2025-11-05 15:58:48 -

How Much Can I Borrow and How Long Will I Have to Repay the Loan?
How Much Can I Borrow and How Long Will I Have to Repay the Loan? Understanding Loan Amounts, Terms, and How They Differ by Loan Type When you apply for a loan, two of the most important questions are “How much can I borrow?” and “How long will I have to repay it?” These factors—loan amount and loan term—determine not only the size of your monthly payments...

0 Comments 0 Shares 516 Views 0 Reviews

Please log in to like, share and comment!
Leonard Pokrovski

added blog Money
2025-09-27 16:39:04 -

How much can I borrow? (especially for home loans)
How much can I borrow? (especially for home loans) When buying a home, one of the first questions most people ask is: How much can I actually borrow? The answer isn’t one-size-fits-all—it depends on your income, expenses, credit profile, and the lending policies of the bank or lender you approach. Understanding these factors can help you set realistic expectations and prepare for...

0 Comments 0 Shares 5K Views 0 Reviews

Please log in to like, share and comment!
Leonard Pokrovski

added blog Money
2025-09-22 19:23:18 -

How Much House Can I Afford?
How Much House Can I Afford? Buying a home is one of the most significant financial decisions many people make, and figuring out how much house you can afford is a crucial first step. Jumping in without a clear understanding of your budget can lead to financial stress or even risk losing your home. Here’s a guide to help you determine a comfortable and realistic price range. 1....

0 Comments 0 Shares 4K Views 0 Reviews

Please log in to like, share and comment!
Mark Lorenzo

added blog Financial Services
2023-05-22 20:01:55 -

How rising or falling interest rates might affect you
When the Federal Reserve raises or lowers its target interest rate, the change affects consumers too. The federal rate helps determine the interest you pay on loans and earn on savings, so it matters to just about everyone. Here’s what might change when rates rise or fall. 1. Your mortgage payments If you have a fixed-rate mortgage, you won’t be affected by a rate...

0 Comments 0 Shares 18K Views 0 Reviews

Please log in to like, share and comment!

More Results