The prospect of buying a new house, be it your first or second, is exciting and it is easy to get lost in the moment. But take a step back, look at the situation critically and ask yourself: How much house can I afford? Determining your budget before you go house shopping will help you […]
When thinking about buying a home or even just budgeting for the future, knowing what your EBITDA and NI is crucial. These numbers will help you budget and determine how much home you can afford. What is EBITDA? EBITDA stands for earnings before interest, taxes, depreciation and amortization. It’s generally used as a way to […]
You’re behind on your monthly payments and have found that your account has been frozen by creditors. Can they do that? Simply put, yes. A creditor can freeze your account, also called a bank levy, to collect funds from debts you owe them. Here’s what you need to know if your account is ever frozen:
You’ve been thinking about paying off your home early. Should you do it or should you keep paying your regular Kansas City mortgage payments? When it comes to this subject, there are a few different opinions. Paying Off Your Home Can Bring Peace of Mind Depending on the length of your loan term and your […]
As a loan officer you will be answering many questions your borrowers may have. These questions may include prepayment for their Kansas City mortgage and how it affects their payments and financing. As their loan officer, you must be able to relate the correct information to them so they can make an educated, informed decision.
Today, more people conduct their business on their mobile devices than not. If you own a home, there are several apps out there that can help you maintain you home and keep up-to-date on your Kansas City home loan. It is important to remember that these apps should not replace professional advice. If you have […]