Learning About Mortgage Terms
Learning About Mortgage Terms Learning about mortgage terms before applying for a mortgage even if you’re a pro to this or a first timer to apply, there are certain terms that you should be aware of. Learning these mortgage basic words will help you make better decisions on which home you decide to purchase. When signing a mortgage contract, your home is used for collateral and it is your sole responsibility to make sure that all payments are paid on time every month. Here are the terms that you should know before applying for a mortgage: Principal- This is basically defined as the amount of money you borrow for your…
5 Steps To Move In With Home Buyers Inventory
5 STEPS TO MOVE IN WITH HOME BUYERS INVENTORY 5 Simple & Easy Steps To Move Into Your New Home With Home Buyers Inventory 1.) View The Home In Order To view our available home in your perspective area you must first schedule a showing. To do this please visit our website www.homebuyersinventory.com and look for our available Rent To Own Homes. Click for a specific home or property and view the video walkthrough. Follow the link at the top of the home picture. The links that says “Schedule Now”, click it and follow the steps. You can request a time viewing and date. 2.) Fill Out The Application If…
Choosing Rental Kharma to report my timely payments and increase my credit score
Choosing Rental Kharma to report my timely payments and increase my credit score What is Rental Kharma? Rental Kharma reports rent payments to a credit bureau on your behalf for a fee. Many people assume rent payments are already part of their credit reports, but that’s almost never the case. The credit-scoring giant FICO says rent is an entry — called a “tradeline” — on less than 1% of credit files. Yet there’s some evidence that these new rent tradelines can be a stepping stone to achieving the kind of credit scores traditionally used to, qualify for a car loan or a mortgage. A year or two of rent payments can…