Demystifying Home Loans: The Scoop on Conventional and Non-Conforming Loans
Goettl Mortgage Corporation Blog
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2d ago
Demystifying Home Loans: The Scoop on Conventional and Non-Conforming Loans When it comes to buying a home, understanding your mortgage options can feel like learning a new language. Let's break down the essentials of "conventional" and "non-conforming" loans and see how they fit into your home-buying plan. What's a Conventional Loan? Imagine you're ..read more
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Balancing Act: The Art of Compromise in Home Buying
Goettl Mortgage Corporation Blog
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2w ago
Balancing Act: The Art of Compromise in Home Buying When it comes to buying a home, it's often said that it's all about location, location, location. However, compromises are sometimes necessary in the quest for the perfect home. While it's natural to want everything on your wish list, being flexible can open up new possibilities and help ..read more
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Navigating the Mortgage Rate Dilemma: Should You Wait or Buy Now?
Goettl Mortgage Corporation Blog
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2w ago
Navigating the Mortgage Rate Dilemma: Should You Wait or Buy Now? Many potential homebuyers find themselves facing a common conundrum: should they wait for mortgage rates to drop, or take the plunge and buy now? While it may seem prudent to hold off on a purchase in hopes of securing a lower rate, there are several compelling reasons why waiting may not ..read more
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Navigating Home Buying with Elevated Mortgage Rates: 10 Mistakes to Avoid
Goettl Mortgage Corporation Blog
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3w ago
Navigating Home Buying with Elevated Mortgage Rates: 10 Mistakes to Avoid Homebuyers face a unique set of challenges in today’s real estate market, characterized by elevated mortgage rates and fluctuating conditions. While the temptation to time the market or solely focus on mortgage payments looms, falling into these traps can lead to costly ..read more
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"When Should I Consider a Cash-Out Refi?"
Goettl Mortgage Corporation Blog
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2M ago
"When Should I Consider a Cash-Out Refi?" So, you're a homeowner. Maybe you've been in your cozy abode for a while now, or perhaps you're just starting to nest. Either way, there comes a time when you might consider a cash-out refinance. But when is it a good time to take the plunge into the world of cash-out refinancing? Let's explore ..read more
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Mastering Your Mortgage Journey: The Importance of FICO Score 8
Goettl Mortgage Corporation Blog
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2M ago
Mastering Your Mortgage Journey: The Importance of FICO Score 8 Understanding your credit score is crucial, especially when it comes to significant financial decisions like applying for a mortgage. Among the various credit scoring models out there, one of the most widely used is the FICO Score 8. But what exactly is it, and why does it matter so much in ..read more
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Navigating the New Norms: 4 Rules for Home Shopping in Today's Market
Goettl Mortgage Corporation Blog
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2M ago
Navigating the New Norms: 4 Rules for Home Shopping in Today's Market If you've been holding off on buying a house because of mortgage rates, it might be time to reconsider. Let's break down some of the old rules and what's new in the world of home shopping. First up, forget the notion that mortgage rates are sky-high. While they did reach alarming heights in ..read more
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Navigating Closing Costs with Confidence: 4 Tips to Save on Your Home Purchase
Goettl Mortgage Corporation Blog
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3M ago
Navigating Closing Costs with Confidence: 4 Tips to Save on Your Home Purchase Owning a home is a significant milestone, but the path to homeownership often comes with its fair share of hurdles. One of the most substantial financial challenges is navigating the closing costs associated with buying a home. While these costs are inevitable, there are savvy ..read more
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How Declining Mortgage Rates Are Changing the Real Estate Landscape
Goettl Mortgage Corporation Blog
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3M ago
How Declining Mortgage Rates Are Changing the Real Estate Landscape The recent dip in mortgage rates brings promising news. Beyond the immediate impact on affordability, there's an intriguing ripple effect that might just be the catalyst you've been waiting for - an increase in the number of homes available for sale! Over the past year, the housing ..read more
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Joint Homeownership: The Essentials of Co-Borrowing on a Mortgage
Goettl Mortgage Corporation Blog
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3M ago
Joint Homeownership: The Essentials of Co-Borrowing on a Mortgage Co-borrowing on a mortgage is a significant financial decision that can influence both your homeownership journey and your relationship with the co-borrower. Understanding the ins and outs of this arrangement is crucial before diving into joint homeownership. Here's what you need to ..read more
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