Here’s What You Should Do Before Buying a Home in Boca Raton
A home is more than likely the biggest purchase you’ll ever make, and getting the funds for that big of a purchase starts by applying for a mortgage. After all, unless you’ve got tens or hundreds of thousands of dollars on reserve, a home needs to be financed. But, how do you make sure you’re getting the best home mortgage in Boca Raton? It’s all about preparation! At Ace Mortgage Loan Corp., we offer the best services to link you with your ideal home mortgage. There are some steps you can take to put yourself in a position for the best mortgage possible. Everybody wants the best mortgage rates and guidelines. After all, the better the rates, the more affordable your mortgage! Our mortgage brokers at Ace Mortgage Loan…
5 Things to Consider When Purchasing an Investment Property
With the direction the market is going, this may be the best time ever to invest in property. However, purchasing an investment property can be a valuable and lucrative asset, especially in Boca Raton. When deciding whether or not this investment is right for you, there are some things one might want to consider first. Ace Mortgage Loan Corporation took the courtesy to put together a list of 5 things to consider when purchasing an investment property. Secure the Down Payment The first step you need to do is secure the down payment. Without a down payment, you cannot own or use your investment property. Down payments normally range anywhere between 15% and 25%. Keep in mind you’ll also have higher loan costs and higher interest rates depending upon…
How to Set a Budget for Buying Your First Home
When it comes to buying your first home and officially becoming a homeowner there’s probably a lot of thoughts running through your head. One of the common thoughts that everyone thinks about is how much they should be spending on their first home. To be fair, there’s always the golden rule that you should not spend what you cannot afford; however, this magical number that you should not surpass can become altered after learning the reality of how expensive home is, and we are not just talking about the initial price you can expect to pay. Owning a home comes with other expenses further down the line such as pool services (if your home has a pool), pest control, insurance for natural disaster coverage, trash pickup, and so on. These…
2 of the Most Common Mortgage Mistakes
At Ace Mortgage Services we want to be the first to say congratulations for considering purchasing your first home. This is no easy feat and is a hard-earned accomplishment. Along with our good wishes, we want to give you a few tips on mortgages and how to avoid making 3 of the most common mortgage mistakes. The excitement of being a homeowner is an indescribable feeling, you are finally checking off part of your adult life to-do list. Owning a home no matter how big or how small is something to celebrate, but it can also be something that clouds your judgment. Once you decide that this is something you are going to do you probably have become determined to do it no matter what. You should know that while…
Work with the Best Mortgage Company in Boca Raton
Looking for a mortgage lender by yourself is not always the easiest. Mortgage lenders come in many shapes and sizes and finding one that fits your needs can take a lot of research if you choose to look on your own. When you use a mortgage company in Boca Raton, you can receive assistance finding a lender without doing any of the legwork. Our mortgage brokers have years of experience assisting clients with services that span from finding the best lenders to orchestrating closings. When you choose Ace Mortgage Loan Corporation, our mortgage brokers can assist you in preparing for a loan with the following areas: Depending on your credit score, we can help you find lenders that are known to qualify individuals that have scores like yours. However, the higher…