Coldwell Banker Residential Brokerage - Andover
Margus Deery, Coldwell Banker Residential Brokerage - AndoverPhone: (978) 337-0769
Email: [email protected]

Tag: Mortgage

Posted on 07/11/2021
Home Financing: PMI and Down Payments
Part of buying a home is researching the market and your finances. Most lenders require you to put at least 20 percent down or pay private mortgage insurance (PMI). Since PMI is a cost that does not lower your interest rate or principal, it’s almost always better to save up that hefty down payment. Lenders charge PMI to...
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Posted on 11/29/2020
Quick Tips for Paying off Your Mortgage
Photo by ESB Professional via Shutterstock If the thought of getting a mortgage and being in that much debt is stopping you from buying a home, plan to pay it off. Here’s how you can do it in just five to 10 years. Live well below your means. If you can keep your mortgage payment to below twenty...
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Posted on 10/11/2020
What's a Seller-Financed Mortgage and Should I Consider One?
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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