Free Annual Credit Report
Do you know what’s in your credit report? By law, the credit reporting agencies (Equifax, Experian, and TransUnion) must tell you everything in your credit report including a list of everyone who has requested your credit report in the last year (or two years if the requests are related to employment). You are entitled to a Read more about Free Annual Credit Report[…]
Opt Out List
Chances are you’ve received solicitations in the mail or calls informing you that you have been prequalified for a credit card or a mortgage? Ever wonder how these companies got information about your credit? This practice is known as prescreening, and works in one of two ways. A creditor will contact a credit reporting agency Read more about Opt Out List[…]
The Facts About Credit
This month we will focus on CREDIT. The best way to secure a low mortgage loan amount is with a good credit score. Here are some tips we mailed to our customers, and we’d like to share them with the general population. Be sure to contact us if you have any questions. [fb_button]
Is a Large Down Payment Necessary?
For most people, a home is the largest purchase they will make in their lifetimes. While many experts advise buyers to save enough for a 20% down payment, there are financing options available for buyers who have saved less. In fact, the average down payment in the U.S. is 16% (Source: Lending Tree, June 2013). Although Read more about Is a Large Down Payment Necessary?[…]
Make the Most of 2014 with 5 Ways to Improve Your Health
Post by MAK Financial Group.
Predictions for the 2014 Mortgage Market
Changes are a comin’ on the 2014 mortgage front. All signs indicate that rates, supply, and transaction type will shift from what was experienced in 2013. That means that organizations and lenders will need to align a new set of ducks in order to accommodate the change in the marketplace. Here’s what the experts are forecasting. […]
Buying Your First Home
There’s no place like home. Even better, there’s no place like a home you own. Not only is it an investment, but a means of self-expression and a way to establish roots. However, home ownership involves much more than getting a loan and making a monthly payment. From a financial perspective, home equity is usually Read more about Buying Your First Home[…]
When is a Reverse Mortgage a Bad Idea?
We at MAK Financial Group love Reverse Mortgages. They are the answer to prayers for many, and we love to find customers who can benefit from this type of program. However, there are certain situations when other
options may be a better path. […]
Richmond Real Estate Trends
Things are looking up for Richmond Real Estate. Inventory is low, and demand is high.
