JM Capital Group

#amazingrates #buyersmarket

Your credit score, also called a FICO score, is a three-digit value ranging from 300 to 850. This number indicates how likely you are to repay your debt. This score is based on info in your credit report that comes from the three major credit bureaus: Transunion, Equifax, and Experian. Any score above 670 is considered very good. Anything below 600 is considered weak. If you want to improve your credit rating to secure a better mortgage rate, here are three tips that will hel...p you raise your credit score. 1. Reduce your credit card balances 2. Have friends or relatives with great credit add you to their accounts as an authorized user 3. Erase credit report errors with a rapid re-scorer #bettermortgagerates #raiseyourcreditscore #ficoscores #understandingcreditscores

Remember, when you are trying to get preapproved for a home loan you need to avoid big purchases that will affect your credit score. For this and other important tips look to us to have your back. #gettingpreapproved #getpreapproved #applyingforamortgage

How to get a mortgage pre-approval Besides your closing documents, the most exciting piece of paper you’ll see when home buying is your pre-approval letter. With it you’ll know exactly what your budget is and you can move quickly when you find a great house. 1. Understand the difference between pre-approval and pre-qualification.... Getting mortgage pre-approval makes getting a mortgage easier and puts you in a better position as a buyer. Being pre-qualified does neither of those things, so be sure to do the right one. 2. Get your financial life in the best shape possible. The size and terms of the mortgage you’re pre-approved for are based on a lot of financial factors. 3. Research mortgage lenders and loan types. Different mortgage lenders may approve you for different loan terms, so now’s a good time to shop around. 4. Time it right. Pre-approval letters expire, often after 60 to 90 days. Before you start the actual application process, make sure you’re not pulling the trigger too early. 5. Gather the right financial documents. Your lenders want to see a picture of your financial life, and they use a bunch of documents as proof of what it looks like. It can take a few days or more to gather them all up, so the more you have on hand when you start to apply, the more time you’ll save. 6. Apply for pre-approval. Every lender will have slightly different forms and processes, but this part is pretty self-explanatory. Follow the directions, and once you have all your documents submitted, you should hear back in a few days 7. Avoid big financial changes while shopping. While you’re looking for the right home, your biggest goal should be to keep your financial life stable because you have not yet secured your actual mortgage. If you're looking to buy a house in the near future, give me a call (631) 683-5405 #howtogetpreapproval #dontshopforahousewithoutit

Great News Reported By Freddie Mac! according to this article from Freddie Mac Mortgage Rates Hit a New Record Low the First Week of 2021 To find out more and why this could spell great things for you, click on the link to read more!... #mortgagerates #recordlow http://www.freddiemac.com/pmms/

It's tough saving up to buy a new home, especially in today's current economy. That's why we wanted to share these 6 money-saving tips to help you achieve your goals. #moneysavingtips #savingup #savingmoney

The New Rates For Conforming Mortgages In 2010 Are In #conformingmortgagerates2021

We want to help you get your dreamhome, not a nightmare. Here is an interesting article that you should read when you are inteding to buy a home. There are several things that you really should look out for, and this article might just save you a lot of frustration later on. #thingstolookfor #tipsfornewhomebuyers #redflags https://economicr.com//real-estate-agents-post-red-flags/

May your holidays be safe, happy, healthy, and may your future be bright. JM Capital Group wishes you all a Happy Holidays. #happyholidayseason

Today we decided we wanted to post a little something for our happy new homeowners. Congratulations on the purchase of your new home. We are happy to have been a part of making your dream come true. Here are 10 New Homeowner Tips You Need to Know #TipsForNewHomeowners... https://www.budgetdumpster.com/blog/tips-for-new-homeowners/ See more

Home buying can be an emotionally charged experience, that's why it is important to rely on trusted professionals who can help you keep focused on things you might otherwise overlook. If you or a loved one are looking to buy a house here are some important steps to follow. 1. Save for your down payment... 2. Know your credit score and clean up any outstanding debts 3. Find a trusted professional that can help you through the process #trustedprofessionals #professionaladvice #3thingsyoucando #gettingreadytobuyahome