Month: October 29, 2014

Facts About Getting an FHA Mortgage Loan in Delray Beach, FL

  There are many first-time homebuyers who have heard their friends or family speak highly about an FHA mortgage loan. An FHA loan is a mortgage that is insured by the Federal Housing Administration, which is a government agency within the United States Department of Housing and Urban Development. The interest rates are significantly lower than other types of mortgage loans. Here are some facts you should know about getting an FHA mortgage loan in Delray Beach, FL: If you have less-than-perfect credit, it is OK. According to the Federal Housing Administration, also known as the FHA, as of September 2010, the minimum credit scores needed for FHA mortgage loans depend on the type of loan the home borrower is searching for and needs. Even those with credit score from…

A Mortgage Lender in Delray Beach, FL that is Dedicated to Their Customers’ Needs

Delray Beach, FL is a beautiful city to live in. Wouldn’t be great to buy a home there? If you need to secure a mortgage in Delray Beach, FL, make sure you find an experienced and reputable mortgage company such as Ace Mortgage Loan Corporation. Their knowledgeable, friendly staff and leading research and compliance team are dedicated to serving their clients’ interests. Transparency and trust has been their business model since 1996. Ace Mortgage Loan Corporation wants to find you a reasonable and affordable home loan, so that you can buy the home you have been dreaming of. They take great pride in helping prospective homeowners. They can offer quality mortgage services to Palm Beach and Broward counties. Ace Mortgage Loan Corporation is a mortgage lender Delray Beach, FL residents…

Fall’s Housing Trends & How They Can Affect Mortgages in Delray Beach, FL

  Here is some good news for homebuyers today: it is not a bad time to be looking to purchase in Delray Beach, FL. Mortgage standards have been loosening up and that has a lot of people looking to buy. For instance, credit score requirements have reduced and mortgage rates have been staying low. In today’s housing market, many sellers have seen that more conservatives are looking to buy a home and they are not overpaying. If you are planning to buy a home, act now. Now is the time. In the coming months, the housing market is expected to heat up and the rates will eventually rise again. Still, there are some Fall housing trends that you should expect to see this year. Expect to see more mortgages in…

How to Get a Mortgage Loan in Delray Beach, FL If You Are a First-Time Homebuyer

Being a first-time homebuyer in Delray Beach, FL is very exciting. You are moving into a new stage in your life in which you will be taking on more responsibility. You will go through a process that is mixed with feelings of excitement, uncertainty, confusion, and maybe even frustration. There seven things you must do as a first-time home buyer. Theses seven tasks will help you in buying the home you want. They will also help you gain more knowledge on the home buying process. So pay close attention to each task. Know your credit score. Be more familiar with your credit history and make sure that all the information on your credit report is 100% accurate. If your credit score is low, which is usually below 750, then do…

A Trusted Mortgage Lender for Delray Beach, FL Resident

People who are looking forward to buying property will need a mortgage lender. The role of a mortgage lender is to let them borrow the money needed to buy the home or land. Mortgage lenders can be banks, credit unions, or private mortgage companies. Mortgage lenders that work with the United States Department of Housing and Urban Development can provide home buyers with additional programs that may assist them in buying the homes they want. Fannie Mae and Freddie Mac are government-sponsored agencies that partner with mortgage lenders. Getting a home mortgage in Delray Beach, FL doesn’t have to be hard. If you have a trusted mortgage lender like Ace Mortgage Loan Corporation, you should be good. Founded in 1996, Ace Mortgage Loan Corporation has dedicated their work to helping…

What are Common Mortgage Myths in Delray Beach, FL

  From the time you were a child, you’ve probably been taught by your parents on things you can or can’t do. But when it comes to buying a house, there are many myths which many homebuyers believe that often keep them from getting the best deal on a mortgage in Delray Beach. Yes, there are do’s and don’ts in the mortgage industry. But if you’re in the market to buy a home, it’s important to separate fact from fiction. We’ve all heard the only guarantees in life are death and taxes. But does getting pre-qualified for a home loan in Delray Beach guarantee the loan amount? The purpose of getting pre-qualified is to give potential homebuyers are a greater understanding of their budget. But that doesn’t mean you’re officially…

Best Ways to Get a Mortgage Loan in Delray Beach, FL

  It almost seems like you have to be an expert economist to purchase a home these days. Between the constant monitoring of interest rates along with the rise and fall of property values in Delray Beach, keeping track of these trends is often time consuming and confusing. That’s why it’s vital to have a reputable mortgage lender in Delray Beach on your side to make the process as easy as possible. To help eliminate the confusion and chaos of buying a home, the professionals at Ace Mortgage Loan Corp. can step in and help achieve your American Dream. Before you ever think about applying for a mortgage loan in Delray Beach, it’s important to have a firm understanding of your personal financial situation. Make sure your credit is in…

Delray Beach Mortgage Facts

  There are so many things going on in today’s world. The housing market is changing all the time. In the recent year, the United States has seen the mortgage rates skyrocket and the interest rates rise. It is good for the homeowners in Delray Beach, FL to know mortgage facts about the U.S. The Top 10 states where Americans are suffering the most in mortgage debt are: 10. New Jersey 9. Maryland 8. Georgia 7. Vermont 6. Ohio 5. Rhode Island 4. Illinois 3. Arizona 2. Florida 1. Texas   As you can see, Florida is one of the top 5 states in that list, where people are struggling with mortgage debt. There was another Top 10 list created that showed the top 10 U.S. States with the most…

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