#right mortgage broker | Explore Tumblr Posts and Blogs

mollyharrisuniverse-blog · 2 years

Text

How a Mortgage Broker Can Help With Getting a Bad Credit Mortgage

Buying a home requires a lot of research and hard work. This is the most expensive debt so you cannot make an impetuous decision. Although you can put in a mortgage application online, the process is not as quick and smooth as is in the case of other small loans like payday or emergency loans. You are looking to take out a hefty loan to be repaid over a period of many years.

A lender cannot make a snap decision. To keep your financial interest safe, they are to peruse your previous credit payments and income statement. They will certainly hesitate to lend you money if your application does not fit in the criteria they have set.

Although you know you should have a god credit file to have your dream fulfilled, you fail to have a stellar credit score. Getting a bad credit mortgage is certainly difficult but there are a few lenders that entertain such applications. Unfortunately, many of you are not aware of particularly those lenders and therefore end up facing rejection that seems to be another turn of the screw.

A mortgage will broker will help you. You do not need to research for the best deals as they will pick a lender who finds your application suitable. They will make all arrangements and guide you about formalities to be fulfilled. You just need to arrange documents and the rest work they will do. You will have to pay fees for their job, which is certainly not hefty.

How can you benefit from a broker while buying a bad credit mortgage?

Your decision of choosing a broker will not let you down. This blog discusses how a broker can help with getting a bad credit mortgage.

You will save time

Researching the mortgage market for the right deal is a tedious job. It involves a lot of time. Despite extensive research you are not sure if you will be approved. It is not surprising to see many borrowers being refused because of one reason and another.

You can easily rise above this complicated scenario by consulting a broker. A broker has a large panel of online reputed mortgage lenders. They are specifically aware of the approval criteria followed by each lender. By applying for a mortgage through them, you will straightaway be linked to a lender that can easily give you a nod.

If your credit history is not good, it is more difficult to get a mortgage lender that can be ready to sign you off on. A broker will engineer your meeting with a lender that finds your application worthwhile. They have already known the market for years so they will find a suitable lender. However, note that a broker make a decision based on soft credit check so there are chances that you will be refused after a lender runs a hard credit check.

You can save money

The best deal is not just about lower interest rates. It is rather a deal that helps save money in total. A broker will carefully peruse your application to see how much you can borrow, how much you can pay down every month, and how much it will cost you in total.

You may tend to get a deal with smaller monthly payments but this may cost you much more in total. A broker will examine your repaying capacity and future financial goals before recommending you a lender. A good broker looks beyond interest rate. They will find a deal for you that does not just suit your present financial circumstances but future circumstances as well.

You will get expert advice

You cannot get any pieces of advice when you directly apply to a lender. If a lender refuses for guaranteed mortgages for bad credit in the UK they do not tell you the reason for it, but a broker can offer you financial advice. As they will peruse your application, credit report and income statement, they will tell you how you can strengthen it to get the fastest approval and more affordable interest rates.

A broker is responsible to make a decision in your favour. If they suspect that your application is not as strong as it should be, they will not ask you to go ahead. Instead, they will suggest how you can improve.

You will have access to more deals

If you have a bad credit rating, you must know all deals available with a lender, but they do not let borrowers know about them through their landing pages.

They disclose these deals to only brokers. Therefore, if you are applying with a broker, you can get to know about those deals. A broker will choose the most suitable deal for you so you do not face any complications in paying off the mortgage until the final settlement.

What is the easiest procedure to obtain approval?

If you have poor credit history, you will likely find some ways out to get the easiest approval for a mortgage. A mortgage broker can surely suggest you some ways to make your profile stronger. Some of the tips are as follows:

Arrange a higher deposit

A mortgage lender may require you to arrange 10% of the home value as a deposit but in case of poor credit history they will ask you for a bigger deposit. 20% is considered bare minimum but you should try to make it up to at least 30% to avail yourself of lower interest rates.

Fix your credit score

Though there are a couple of lenders that do not mind giving a nod to bad credit buyers but you must know what score is considered acceptable. Try to make it closer o a fair credit score so it does not leave a very bad expression on a mortgage lender.

If there had been an unavoidable circumstance to fall behind payments, you should let the lender know about it. Before your lender run a hard credit check, you should see the score. If there are errors, get them fixed as soon as possible.

Clear other debts

A lender will check your debt-to-income ratio to decide if you can actually repay monthly payments with ease along with other debt payments. A lender may approve if it is not more than 30%, but since your credit history is already not impressive, it is suggested not having a debt obligations at the time of applying for a mortgage.

The final word

A mortgage broker in Glasgow for bad credit can help you by picking a lender who has the best deal for you based on your circumstances. They will also guide you how you can make your application stronger. They can suggest some crucial tips about improving credit score, clearing other debt obligations, and arranging a higher deposit.

Because a broker can help you with choosing a lender and the entire paperwork, you are not supposed to just sit back. Think of ways to improve your credit score, arrange a bigger deposit size, and settle all outstanding debts.

You will have to adapt to a sensible purchasing habit at the time of accumulating funds for the deposit size.

Original Source : How a Mortgage Broker Can Help With Getting a Bad Credit Mortgage

0 notes

doberbutts · 1 year

Text

I mean this is a pretty hot take but I think until y'all can sit down and actually provide examples of what you mean by "privilege" instead of using the word as a means of referring to the nebulous idea that some people have it better and its Their Fault, there will continue to be absolutely braindead takes about who holds what privilege and how it conflicts with actual first-hand experience.

That's why, when I ask what male privilege I was apparently either born with or received immediately upon coming out, I get crickets.

When we talk about male privilege, we talk about getting paid more. We talk about getting hired more, and into higher-paying jobs more. We talk about being able to vote and drive and have credit cards and bank accounts. We talk about reproductive freedom and body autonomy. We talk about rape statistics, domestic violence, and other forms of violent crime. We talk about immigration and citizenship status and human trafficking. We talk about power dynamics in relationships. We talk about society's expectations for gender roles.

There's two big problems with this:

Unless a trans man is completely binary, fully stealth, and has burned every trace of his past, almost none of this is accessible to him. Trans men don't get paid more unless their gender marker is M, there's no mention of ever being anything but cisgender, and they're completely stealth. They don't get hired more, unless these things are true. Many lived lives being discouraged from chasing higher paying jobs such as STEM fields due to being seen as girls, so they're not going into these jobs more either. Similarly with voting- when I registered to vote I was non-passing, with my legal name and gender marker. To the voting office, I was a woman. To my credit card company, who has never seen my face, I'm *still* a woman, despite passing most of the time. To my bank account, which I've had since I was 8, I've never not been a woman. When I took my driver's test, I was treated as a woman.

When I asked for a hysterectomy at 20, I was told not until I was over 30, had a minimum of two children, or had a husband to sign off on it. Just like a woman. When I whacked my head as a kid and was rushed to the doctor, the doctor specifically said if I was a boy he wouldn't have bothered stitching but a girl can't have scars on her face *while he was stitching my forehead back together*. I had to fight to be allowed to cut my long hair. I had to fight to be allowed to take care of it by myself.

I have needed to leave relationships when I realized I was with a man that would hurt me for his gain. I've been assaulted by my peers for being a black woman or a black girl in a space that I was not wanted.

I was raised with the expectation that I would be a mother to a large family with a husband that kept me pregnant and likely staying at home like a typical tradwife. I was punished, physically, mentally, emotionally, socially for rejecting that life. I lost literally all my social group from before I came out. I lost a good chunk of family members too, and the ones I have left are... trying, but not perfect.

And:

Other marginalized men are also often denied access to these things either. White men might be paid more, but white women make more than men of any other race. White men might be hired more, but "Rachel" is more likely to get a call back than "Rafael". White men are more likely to be in a STEM position, but tell me when the last time you saw a Native doctor. It may have been *legal* for racially marginalized men to vote, but those who did not speak English had no ability to do so until 45 years *after* white women had the right to vote (and technically it took another 10 years for translations to actually be provided). Banks and credit companies and driver's tests and mortgage brokers and more are *known* to discriminate, between barely-legal remnants of redlining to outright illegal discrimination because they know they can get away with it.

Black and Native children are taken from their birth families and placed into foster care and adoptive homes daily due to state-sponsered genocide. It's more than just the mother that's affected by this. Black men are largely targeted by stop-and-frisk policing policies that exist to do nothing except harass and assault them for just existing in a place, and are an extreme body violation.

New studies show that men experience rape and domestic violence at roughly the equivilant rate as women, but reporting is obscenely low due to social pressures and rigid gendering of victim vs abuser policies. The demographic with the highest rate of murder victims is black men.

Single, childless adult men are not allowed to immigrate to multiple countries, including the US, on refugee status. Men of marginalized races- largely latine and asian- are trafficked by largescale construction companies and then deported or abandoned when no longer needed.

Disabled men are killed or abandoned regularly by their able-bodied partners who got tired of dealing with them.

I know more than one man who feels trapped into a place where he cannot, ever, show any emotion besides horny, hungry, or angry as a direct result of strict gender roles being pushed on him. I know more than one man who has tried to take his own life because of it.

I know more than one man who has succeeded.

And I gotta be honest the further I get in transition and the more I pass the more I think that being a man... also kinda sucks. Like it sucked when I was a woman. Doesn't really feel like it sucks less as a man. Seems to me like society treats both of these pretty poorly and I was told the grass was way greener on this side and it's, uh, not. Not really. Not when you start making cis male friends and start realizing that a lot of these guys had a lot of the same experiences you grew up being told was part of a woman's life.

And I'm not saying that these guys don't have interactions where life is better for them because they're men. Of course they do. That's patriarchy for you. But I do think it's difficult to have a "male privilege" argument when people try to argue on a 1-to-1 basis and it just straight up doesn't work like that.

And I know a lot of what I'm saying ties back to the theory of intersectionality, that this can't flatten nuance like this is directly tied to the fact that a white woman, a native woman, an asian woman, a black man, a latino man, and an arabic man, are all going to have WILDLY different experiences that you can't just "well you're [gender] so you don't experience [harm]" about because it's blatantly untrue. Especially if you continue to add marginalizations, like immigration status, religion, sexuality, transition, language, and more.

484 notes · View notes

newtonsheffield · 5 months

Note

I can’t believe we’ve reached the end of mile high! It’s been such a wonderful thing to expect every Friday. Thank you for sharing it with us.

One question! Did we see Kate’s proposal in a drabble? Because I don’t remember it but I’m dying to know

I’m glad you enjoyed it, I can’t believe it’s been 20 weeks, that’s crazy tbh.

Okay!

I actually feel like this happened in a very lowkey way. I think Anthony had been building up to ask Kate to marry him, I think he had gone with Benedict to pick out a ring for Kate months ago and he just… can’t decide how he wants to ask her to spend their lives together. He’s not really nervous that she’ll say no, in fact Kate was the one who cleared her throat a few months ago and said-

“Do you like living like… this far in the city?”

Anthony’s brow furrowed, “Um… Well, I… wouldn’t mind if it was a little quieter.”

Kate’s face twitched as though she were trying to decide how to go about this before she leapt into it, “Okay, this is awkward because I feel like we never talk about it but… I have some money. From when my Dad died and like… my family’s pretty… comfortable and I…” She trailed off before she started again, “Okay, I don’t think we could afford a place in like Chelsea, but we could afford something somewhere else I think.”

Anthony blinked at her, “You want us to… get a mortgage together?”

“Is that too much commitment? It’s too much right?” Kate shook her head, “Forget I said anything, Just forget I said anything. I love living here with you.”

Anthony caught her hand as she tried to pull away tugging her back against his chest, “I don’t want to forget you said anything. I love you and I… am open to finding a new Sainsbury’s so we can own something together.”

He’d sat with Kate at the mortgage broker and it hadn’t felt wrong at all. It had felt right, a natural next step in their relationship and he knew proposing would feel the same.

It was the first night in their new house. None of the furniture was there, it was just them sat not here floor of their living room with takeout containers between them and stupid laughter bubbling between them.

“We actually bought a fucking house.” Kate laughed, looking around them. “I didn’t even own a couch when I met you and now we have a house together. Multiple bedrooms and everything.”

Anthony laughed and he could feel the ring burning in his pocket, “We own a house. Bathroom that needs renovating and all.”

Neither of them spoke for a long moment, turning back to their food before Kate sighed, “I just… I’m really happy that you were brave enough to tell me how you felt that day. I’m glad we’re here together I wouldn’t want it to be anyone else.”

“I’m glad we’re here together as well. I’m thankful for all your little nudges to get here.” He could feel it, this was the moment, this was it. He reached into his pocket, his fingers curling around the box.

“Do you want to marry me?”

Anthony froze, his mouth falling open in surprise. “Are you… being serious?”

Kate shrugged, leaning forward to kiss his forehead, “Yeah. I love you, we own this house together, I want to spend the rest of my life with you like this. A few little bespectacled babies to fill those rooms upstairs. That’s what I want.”

Anthony fought the tears that pricked his eyes as he sighed, taking the ring out and setting it on the carpet in front of her, “You couldn’t wait 15 seconds could you?”

Kate let out a surprised laugh, catching his lips with hers, “I’m going to take that as a yes.”

“It’s a yes.”

#mile high #kathony #anthony x kate #kate sharma #kate sheffield #anthony bridgerton #molly’s asks and answers

81 notes · View notes

tarotwithdanise · 2 years

Text

Your future career.

꒰⠀from left to right ; intuitively choose the pile your mind, heart and soul desire for. if you are having trouble choosing the right pile for you, here’s some tips you can do ; (1) take a deep breath (2) close your eyes (3) ask guidance from your guides (4) finally open your eyes and you can choose the right pile for you by the guidance you ask from your guides. if you are still having trouble by choosing the right pile for you let me know because i am willing to help and guide you.

Pile one

I see here that you are working your way up from the bottom to the top. Someone may get be jealous of you in this job; it's the people around you, most likely a colleague. They are jealous because you made it to the top by working hard. The following are the careers you might have or plan to pursue: careers in law and order; careers in health and fitness. For some of you, careers in financial institutions and teaching and tutoring areas. Actor and entertainer jobs, charity work, mortgage broker. Administration work and assistants: barista, waiter, caregiver, counselor, and broadcaster. But most of you I'm getting here you would like to work in the field of entertainment. Are you going to be successful in this career path? The answer is maybe. If you maintain fairness and balance with others, you guys will earn this success and abundance. People often mistake you for a being cold individual because you don't like to show off your emotions a lot. Someone with air sign placements on their chart will help you, or you have a lot of air sign placements on your chart.

Pile two

Right off the bat my dear pile two, some of you might be struggling finding work now or in the future and maybe because you are deeply affected with the people around you, they maybe like to spread rumors and gossiping about you that resulting a frustration and burden responsibilities. The cards talking to you that be patient and don't mind those people who doesn't even have a single penny of contribution to your life. I figuring you a loner individual that frequently felt the loneliness far down inside. Career you might going to have is in the areas of army, tax person, motivational speaker or advisor, funeral director, financial advisor, insurance broker, drug abuse counselor, involving other’s resources, mental health worker, night worker, businesswoman or business man, a manager or carer. If you are planning to change a career right now this is maybe a sign to seeks something else new. Some of you may lack of foundation and security in the life you had been. Music and recreation are the paths forward you if pursues.

Pile three

I see here that you are this type of person who has perseverance, someone who still continues the fight no matter how hard it is or how many times you fail. You have this fighting spirit. You guys are usually good at writing. I see someone here who can be a good writer and author and somehow, i'm picking up that you have the possibility of getting recognized for whatever career you are going to have, you have a high tendency to get well-known. The careers you might pursue and are going to have are publishing company owner, brand development and a copywriter, as well on those areas of field of creating an app, an online game, a website, or a web application. For few members, it might be interesting if you would like to pursues your career at administration work, legal work, or health-care work. Also, you may often considered as someone who likes to take care of others inside your work. Delays can be happen when it comes accepting and getting the desired work.

Pile four

Pile four. For most of you, the career you will have and tendency to have is working in foreign lands or in your work place it may involves a lot of foreign people. In your career, it will give you freedom to travel a lot like from one place to another. You might also have a water sign on your chart. For few, you maybe be working far away from your place and city. The careers you might have and pursues can be in the areas of science, problem-solving, computers, and travel jobs such as pilot, stewardess, cabin crew, cruise line worker and many more to mention. Also in the fields of creative work, activism, community projects (in general, social work), youth work, and news. While for few, I'm getting that in areas such as negotiations.

Pile five

Most of you in pile five are attracted to pile number four. You can check it out, it may have some messages for you. I'm getting almost the same cards for pile four and five that why! For some of you, you already have this career; if yes, You will gain happiness, success, and abundance with this specific job. Also, it indicates that this job will be perfect for you if you just keep pursuing it. The careers I'm getting into are public relations and affairs, creative jobs, and property investor or property handler worker. For most of you, I'm getting the same careers as for pile four. You guys will be traveling a lot with this job. More to added careers i'm getting are in the fields of science, problem-solving, computers, and travel jobs such as pilot, stewardess, cabin crew, cruise line worker and many more. Otherwise, you may pursue the careers related to news. For few of you, those who have this job, you guys might be feeling isolated at thus work. This work doesn’t really satisfy you at all. You know that to yourself that you have great potential to achieve more towards with career, but for some reason, you are unable to blossom currently.

Pile six

I see most of you are newly graduates or in longer phrase someone who is fresh out of school, someone who is really eager to find a job immediately after graduating. You might be working in a city that never sleeps; this city is traffic. You may to use your intelligence and common sense to have this job or this is a warning that don't be to get tricked by someone who is close to you because this person may wants what you have in life. I'm not sure what it is, but they want what you have presently or maybe it's a simple feeling of jealousy. This person thinks you are lucky (which is true). This is irrelevant, but I'm writing it down here so you are just kinda aware. The career you might pursues and may have in the areas of power plants like a factory worker or electrical/mechanical engineer, electrician, technology expert, and social media influencer. May most people who chose this pile is somewhat freshly graduated and you are trying you luck to apply for work at a new company. You are taking the expertise you learned from a past company (OJT) to benefit this another one company. As well the careers in special agents, a spy, espionage, the army, police, and marketing areas. You are the type of person who prefers to work by themselves rather than to be on a team. A typical someone who puts more on a performance to their own work than setting themselves free to be who truly they are. Pile six people, you attract people most of the time like a moth to a flame, but you have deep-rooted intimacy issues and will not let anyone close to you. Probably you are someone who I can call an "anti-human or allergic to close friendship".

Pile seven

If you have a past or previous partner, they might return in some cases. You might get a reliable advance from someone from a masculine energy; It can be a friend, a father, a grandfather, a brother, uncle or simply someone who is close to you. This person has a Leo on their chart, or maybe you are the one who has a Leo significant sign. The career you are going to have is a once-in-a-lifetime opportunity, and you must seize it. The careers you might pursues and are going to have are in the fields of working with animals and the careers in caring for vulnerable people. You might say and do what you are most passionate about. Also the fields from the legal works, work in peacekeeping, and diplomacy jobs. In the career of readings like proofreading, a career than can have cooperation, a hairdresser. No matter what job and work it is, it can mean you are about to be recognized in a big way. You might also get a career at the top of the corporate world, possibly even as CEO! or career as veterans and doctors. You are the type of person who lacks courage, passion, fear, even timidity, and impatience. Weak will and lack of backbone. Being untamed and powerful alone isn’t going to work at all. If the beast inside is in control and the you the reader may need a little help and support from others. There is a need to connect with life in a more spiritual way. Pile seven: I see you as someone who has big and wide dreams. Keep trying and going!

Pile eight

TW: BULLIY-NG

important note : I don't intend to pursue, hurt or harm your feelings with my post. Perhaps, not everyone experiences the same.

Pile 8, you guys can be at your worst, you may experience being bullied. If you guys might get bullied in school and your bullies (if ever you get bullied) are mean-tempered people who like to show off and are demanding attention. Some of you maybe afraid to go to school or having a big deal like trauma on going to school. If you are someone who doesn't experience being bullied well bad news may come to you sooner so be prepared. There is unhealthy competition going on here. Also, you may want to have a life that have more colorful meaning and responsible. Okay, back again to the bullies, these jealous people are causing drama out of boredom and due to lack of direction, this is because they felt insecure and find someone who they can targeted with. You can forgive them but the pain they cause to you will be held inside your head and heart whether you admit it or not even your life goes on. The damage and trauma that these people cause to you is no joke. Don't be afraid from these people, it's easy to say but a little fight back can put them a little tense and worry. The careers you may pursues and are going to have are in the fields of creative jobs, community projects jobs, and youth work jobs. You are someone who is very compatible with the work you do and it comes very naturally. What seems hard for your coworkers is easy for you to do, and you might not understand why others find it so difficult. For few of you, in the field of leadership jobs, legal work jobs, and intellectual work jobs. This is also mean to make important decisions in your day-to-day work life. You might find that the lines between success and failure are way too close. You are able to grow and evolve in your workplace, free from unreasonable demands and red tape. You have this talent as a gifted spiritually and writing like a psychic, healer, and a writer.

Pile nine

Pile nine, some of you may feel lonely too the same feelings like Pile two, you maybe be attracted with that pile. When you get this job, as I see here you want your work to come out perfect, you might be a perfectionist individual. In this career, you will also build a good friendships with your colleagues or co-workers that can last a long time, even after you all settle down to work. The careers you might have and be going to pursues are maybe an event planner, real estate broker or owner, property investor, and designer. Careers in welfare job. You don't like to work for nothing, you making sure there's a valid reason to accept a work. In a work situation, few people may sees you as someone feel unsupported on their role. For few members of you, working for charities and social working jobs. The last message is that the tarot cards can mean you will run your own business, especially a home-based business.

#spotify #for you #pac #pac reading #pick a pile reading #pick a card reading #pick a picture #pick a pile #pick a card #tarot online #free tarot #tarot reading #tarotcommunity #tarot #tarorcards #daily tarot #tarotonline #tarot spam

650 notes · View notes

apothe-roses · 4 months

Text

12 Days of Smuff

Day 6: Future & Face Sitting

Billy Washington x Reader

Word Count: 415

Warnings: smut, face sitting, oral (f receiving), male masturbation

Prompt created by @madmax8603. Dividers by @cafekitsune and @mykento

Disclaimer: this is a work of fanfiction. I do not own the right to the character of Billy Washington

“What do you mean you don’t have the paperwork?” you grumble into your phone while walking to your front door. “We sent it to you when we put our offer in!”

“I’m sorry. We need another copy by Friday, or else the deal won’t close,” your mortgage broker says calmly. At your door, you clumsily pull out your keys and unlock the door. Your boyfriend Billy is on his laptop at the kitchen island. He smiles at you. You try to smile back, but it looks like a grimace.

“Alright. Alright. I’ll figure it out,” you sigh. You say goodbye and hang up, tossing your bag onto the counter.

“Something wrong?” He asks, closing his computer.

“That was our mortgage broker. Apparently, some of the paperwork got lost, and we need to send it by Friday or else we can’t move in on Saturday.” You lean on your elbows, rubbing your temples.

He comes up next to you, rubbing your back.

“I just want to enjoy starting our lives together,” you groan, looking up at him with puppy eyes. You push off the counter, about to walk off. Billy stops you, saying “Not so fast.”

“But the paperwork—,” you start.

“Isn’t due ‘til Friday,” he interrupts. “Surely, you can spare a few minutes to unwind.”

“I don’t know how I can possibly do that,” you tell him.

“I have an idea,” he says, a mischievous glint in his eye. He leads you to the couch, sitting then pulling you into his lap, burying his face in your neck. “You’ve been amazing. Wanna show you how much I appreciate you,” he mumbles. His hands slide under your skirt. He bunches the fabric around your waist before pulling your panted down your legs.

He shifts to lay down, gripping your hips to slide you up his body.

You moan when the tip of his nose brushes your clit. You grind on his nose while he fucks you with his tongue. He groans, and the vibrations send waves of pleasure through you. One of his hands slides into his sweats, pulling his cock out. He strokes it furiously while eating you out like a man starved. You grind harder, moaning louder and louder until your peak washes over you. Billy comes into his hand, his tongue slowing to a stop as you ride out your orgasm. You lift yourself off his face, and he sits up.

“Feel better?” he asks.

“Much better,” you reply, kissing his slick-covered nose.

#12 days of smuff #billy washington #billy washington x reader #the many adventures of the ewanverse #ewan mitchell

33 notes · View notes

raylangivins · 1 month

Text

i'm tryna get a mortgage and my mortgage broker, mark, is so real. we had a phone meeting this morning and he was like "i try to keep mondays clear so i don't have to switch my brain on" and i was like, you're so right mark. so sorry to do this to you. and then he was like "do you smoke?" and when i said no he goes "i had three meetings this morning and haven't got anyone to admit they smoke. guess i'm the only one who needs a smoke". mondays, man. i get it. i'd hang out in a smoking area with you, if that helps.

#i told him my birthday and he was like 'wow you were born 17 days before me' ...my capricorn brother <3 #old man yells at cloud

8 notes · View notes

libraford · 1 year

Note

I’m in the same boat right now looking for my first house, I don’t have a deadline but my living situation isn’t great. Had a call with mortgage broker who pre-pre-approved me but I want to have another meeting to thoroughly go through my finances to figure out how much total monthly will be after with mortgage+utilities+insurance+HOA maybe and if I’ll still have enough left over for everything else after that, Best of luck!

It's a hassle, but thankfully theres just one account left on my to do list and I should have it tomorrow.

I'm worried a little that I'll fall in love with a house and it'll get bought out under me and then I'll be searching for another one like it forever.

But the market is so much better than it was a year ago because like... at least there are houses in my price range now.

27 notes · View notes

bluemeloncapitalreviews · 2 months

Text

Blue Melon Capital Reviews | 5 Key Factors to Consider When Securing Real Estate Financing

Securing financing for real estate investments is a critical aspect of property ownership and development. Whether you're purchasing your dream home or investing in commercial properties, navigating the complex landscape of real estate financing requires careful consideration of several key factors. Blue Melon Capital Reviews shares some essential elements to keep in mind when seeking financing for your real estate ventures.

1. Creditworthiness and Financial Health

One of the foremost factors lenders consider when assessing real estate financing applications is the borrower's creditworthiness and financial health. Your credit score, debt-to-income ratio, and overall financial stability play pivotal roles in determining the terms of your loan, including interest rates and loan amounts. Before applying for financing, it's crucial to review your credit report, address any discrepancies or outstanding debts, and ensure your financial records reflect a favorable picture. Building a strong credit profile not only enhances your chances of securing financing but also opens doors to more competitive loan options with favorable terms.

2. Property Valuation and Collateral

The value of the property you intend to finance serves as collateral for the loan, influencing the lender's risk assessment and loan-to-value (LTV) ratio. Conducting a thorough property valuation, including appraisal and assessment of market trends, is essential to determine its fair market value accurately. Additionally, lenders may impose specific requirements regarding the type, condition, and location of the property, which can affect financing options. Understanding the collateral requirements and ensuring the property meets these criteria is crucial for securing favorable financing terms and minimizing risks for both parties involved.

3. Loan Terms and Structure

Blue Melon Capital Reviews believes real estate financing encompasses a variety of loan options, each with distinct terms, structures, and repayment schedules. From traditional mortgages to commercial loans, bridge financing, and construction loans, selecting the right loan product tailored to your specific needs is vital. Consider factors such as interest rates, loan duration, down payment requirements, and prepayment penalties when evaluating different financing options. Additionally, understanding the implications of fixed-rate versus adjustable-rate mortgages and the impact of market fluctuations on loan payments is essential for making informed decisions about loan terms and structure.

4. Lender Relationships and Options

Building strong relationships with lenders and exploring diverse financing options can provide valuable insights and opportunities for securing favorable terms. Researching reputable lenders, including banks, credit unions, mortgage brokers, and private lenders, allows you to compare rates, fees, and eligibility criteria to find the best fit for your financing needs. Moreover, cultivating open communication and transparency with lenders throughout the application process can strengthen your negotiating position and increase the likelihood of securing financing on favorable terms. By leveraging diverse lender relationships and exploring alternative financing sources, you can optimize your real estate financing strategy and mitigate potential challenges.

5. Regulatory and Legal Considerations

Navigating the regulatory and legal landscape surrounding real estate financing is paramount to ensure compliance and mitigate risks. Familiarize yourself with applicable laws, regulations, and licensing requirements governing real estate transactions and lending practices in your jurisdiction. Additionally, consult legal professionals specializing in real estate law to review loan agreements, contracts, and disclosure documents thoroughly. Understanding your rights and obligations as a borrower, as well as potential legal implications, empowers you to make informed decisions and safeguard your interests throughout the financing process.

In conclusion, securing real estate financing requires careful consideration of various factors, including creditworthiness, property valuation, loan terms, lender relationships, and regulatory compliance. By prioritizing these key elements and conducting thorough due diligence, borrowers can enhance their chances of securing financing on favorable terms while minimizing risks and maximizing returns on their real estate investments. Remember to seek guidance from financial advisors, real estate professionals, and legal experts to navigate the complexities of real estate financing and make informed decisions aligned with your long-term objectives.

#bluemeloncapitalreviews #real estate #comercial real estate #financial

2 notes · View notes

mortgagebrokersaustralia · 2 months

Text

Your Mortgage Experts Australia | Mortgage Brokers Victoria

Your Mortgage Experts is a trusted mortgage broking company in Truganina Victoria Australia dedicated to helping our clients find the right mortgage solution for their needs. With our access to a wide range of lenders and loan products, our expert advice and personalized service, we make the mortgage process simple and stress-free. Our goal is to help our clients achieve their homeownership dreams while saving them time and money in the process.

We offer a comprehensive range of mortgage solutions tailored to meet the unique needs of our clients. Our services include access to a wide range of lenders and loan products, expert advice and personalized service, as well as ongoing support throughout the mortgage process. We strive to provide a seamless and hassle-free experience for our clients, helping them achieve their homeownership goals while saving them time and money in the process.

Your Mortgage Experts Truganina Victoria Australia

Our mission is to simplify the mortgage process and empower our clients to make informed decisions by providing expert advice, access to a wide range of lenders and loan products, and personalized service that exceeds their expectations. We are dedicated to helping our clients achieve their financial goals and building long-term relationships based on trust, integrity, and transparency.

Get in touch with one of our experts who can answer all your home loan related questions.

Your Mortgage Experts Australia

205/2 Infinity Drive, Truganina VIC 3029, Australia

Call: 1300 208 963 | Email: [email protected] Website: www.yme.com.au

2 notes · View notes

ukmoneyman · 1 year

Text

I Bought an HMO in Shrewsbury!

Hello everyone,

I am excited to share my recent experience of purchasing a House in Multiple Occupation (HMO) property in Shrewsbury.

As a property investor, I have been interested in the HMO market for a while, and I finally decided to take the plunge and purchase one myself. After doing some research, I found that Shrewsbury had a growing rental market with a high demand for affordable housing.

I started looking for HMO properties in the area, and after a few viewings, I found the perfect property. It was a large Victorian house, which had been split into six self-contained flats, each with their own bathroom and kitchenette.

One of the things that attracted me to this property was its location. It was close to the town centre, which meant it was in a convenient location for potential tenants. The property was also in good condition, which meant that I wouldn't need to spend too much on renovations before letting it out.

After making an offer, I worked closely with my mortgage advisor to secure the right finance for the purchase. As a property investor, I know how important it is to have the right finance in place, and I was grateful for the help and advice that my mortgage advisor provided.

Once the purchase was complete, I began to renovate the property to bring it up to a high standard. I added some new furnishings and appliances to make each flat more attractive to potential tenants.

Now, I am pleased to say that the property is fully let, and it's providing a good rental income. Being a landlord can be challenging, but with the right team of professionals around you, it's a rewarding and profitable venture.

If you're considering purchasing an HMO property in Shrewsbury, it can be helpful to work with a mortgage broker who is familiar with the local market. A mortgage broker can help you navigate the process of securing financing for your investment property and may be able to connect you with lenders who offer specialised HMO mortgages.

A mortgage broker can also assist you in comparing mortgage products, and help you identify the best terms and rates available. They can also provide advice on other financial considerations, such as tax implications, insurance requirements, and property management costs.

Another benefit of working with a mortgage broker in Shrewsbury is that they can help you navigate the complex process of obtaining a mortgage, including the paperwork and documentation required. They can also provide guidance on meeting the lender's eligibility requirements, which can be particularly important when purchasing an HMO property.

Overall, a mortgage broker can be an invaluable resource when purchasing an HMO property in Shrewsbury. By working with a knowledgeable and experienced broker, you can feel confident that you are making informed financial decisions that will help you achieve your investment goals.

Thank you for reading, and I wish you the best of luck with your property investment journey.

Best regards,

Paul McDougal

11 notes · View notes

commandervamps · 1 year

Video

youtube

Home Loan Refinance: Simple

Basics of Home Loans

Three crucial bits of knowledge for getting and keeping a home loan incorporate the application, rates, and repayment propensities.

Home Loan Application Cycle - Finishing up home loan applications can be tedious, and excessively detailed. Prior to starting, get yourself coordinated by finding all of the administrative work you should finish your application. Once you have everything found and before you, you'll find the application interaction to go without a hitch.

Rates Change - Watch out for home loan rates for significant changes, particularly changes of the downward rendition. Refinancing is reasonable in contrast with how much cash you can save assuming you get the right low interest home loan. Fostering a decent connection with your mortgage broker might bring about the person in question calling you when the rates drop!

On Time Payments - There isn't anything that can damage or help your credit rating more than your payment propensities on your home loan. Make payments on time and your credit score will raise rapidly. On the other hand, pay late and you'll do long haul harm that is hard to fix.

Speedy Home Mortgages On the web - Safe

For what reason would it be advisable for you to search for home mortgages on the web?

1) Get mortgage statements from a legitimate lender and your data will be secure. Don't check with each unheard-of mortgage organization on the web, stay with names you can trust, as their internet based security will be first class.

2) Quick Handling - Mortgage organizations who operate online aren't limited by a similar home loan processes as huge neighborhood banks, and can deal with applications quicker.

3) Low Rates - With such countless lenders from which to look over, online mortgage brokers and home loan experts will undoubtedly find a program that is ideal for your budget and home loan needs.

How to Analyze Various Home Loans

You've heard the colloquialism "You can't make an invalid comparison", correct? While you're looking for a home loan, you need to make examinations among similar kinds of loans. At the point when you look at a 30 year fixed home loan with 7% interest to an adjustable rate mortgage with 3.2% interest, you're contrasting one type with a totally different type unless you know the particulars to each kind of loan.

#youtube #Mortgage Broker Brisbane

8 notes · View notes

lakewoodmortgages · 1 year

Text

Mortgage Adviser Tunbridge Wells

Lakewood Mortgages is a UK-based mortgage broker that offers personalized mortgage advice and solutions to clients seeking to buy a property, remortgage their current property, or release equity. With years of experience in the industry, the team at Lakewood Mortgages is dedicated to helping their clients find the right mortgage product and ensuring a smooth and stress-free process from start to finish. For Mortgage Adviser Tunbridge Wells contact us.

#Mortgage Tunbridge Wells #Mortgage Adviser Tunbridge Wells #Mortgage Broker Tunbridge Wells

11 notes · View notes

drst · 2 years

Text

House update

I am... still buying a house!

I am... still utterly terrified!

But I just found out my rent was going to go up over $200 a month if I stayed, which has helped.

So for those unfamiliar, the very rough outline of this process is find the place, make an offer, offer gets accepted, 8 billion administrative things you have to complete, then the closing happens. I’m in the 8 billion section right now. *sobs*

When you write a contract to make an offer to buy a house, you can ask for contingencies, which are basically how you get out of the contract without any penalties.

Inspection is the most common one, which makes sense. Most people get their homes looking nice when they go on sale, but there can be a lot of stuff wrong that isn’t visible immediately, so you (the buyer) pay for a home inspector to check the place over (mine cost about $600). It takes 2-3 hours, and you should be there for this along with your agent, but not the owner or their agent. You get a written report and have a certain number of days to nope out of the process if anything gets found you don’t like.

If you go ahead, you may have to get the property appraised, which is another contingency where the sale can halt. I have to say this is one thing that feels a bit like a scam. There are regulations on home inspectors and licensing and stuff that mean they have to have a level of knowledge and training but appraisals are murkier. But the home has to appraise near the amount of money you are offering for it, otherwise your mortgage may not go through, or the rates may change.

I’ve gotten through both of those things so I am basically locked in on my end. I’m buying this place, no take backs on my side.

But there’s also a financing contingency on me, which means if I can’t get the mortgage, the seller can bail on the sale and I lose the deposit money. I had gotten pre-approval from a mortgage broker (which I strongly recommend, because my mortgage company has sent me a detailed sheet with every place I seriously considered buying that spelled out the interest rate, monthly payment, fees, closing costs, etc. that gave me a much better idea of what I was looking at, money-wise. Also having a pre-approval letter, while not a guarantee of anything, shows you had your shit together and someone already checked into your finances and they think you’re likely to get a mortgage for X amount of money. If you’re in a market where buying is competitive the way it’s been the last couple of years, this can make you more attractive to sellers who don’t want to see the sale fall apart and have to start over) and I am 99% sure it’ll be fine but it’s not done until the underwriting gets done and everything is approved.

I’m working on getting home owners insurance, which I thought was going to be easy, but has turned out to be annoying. I hope to get that resolved tomorrow. Also I need to stop assuming any step in this process will go smoothly and revert to my natural pessimism.

I also had to take a first time home buyer’s course online FOR THE THIRD TIME. *scream* I get making people go through these, but I already did it twice!

This actually timed out great for me, assuming the closing happens as scheduled next month. Due to how mortgages work, the closing in mid-September means my first mortgage payment will be due at the beginning of November, and my last full rent payment on my apartment will be in October, so I get a smooth transition and don’t have to pay both at the same time. I also have about 5 weeks from when I get the keys to when I’ll move in to address the stuff in the inspection that has to be addressed before I want to live there.

Sadly there’s a bunch of boring plumbing and pest control stuff I have to deal with before I get to think solely about paint colors. I am already thinking about paint colors, of course, because THERE WILL BE NO NEUTRALS IN MY HOUSE DAMN IT. I HAVE BEEN LIVING IN RENTAL SPACES WITH BORING ASS NEUTRAL COLORED WALLS FOR 25 YEARS but there’s a lot of other tedious stuff I have to address too.

And I’m trying hard not to think too much about the money that is going to be flying out of my hands over the next few months. I’ve been saving for this for 5 years, specifically for this period of time, but having been close to broke for a good portion of my adult life, it’s frightening to think of losing those carefully hoarded pennies for anything.

#adventures in home buying

13 notes · View notes