by The Mark Klein Team | Jun 23, 2023 | Mortgage
Calculating mortgage payments involves several variables, including the loan amount, the interest rate, and the loan term. Here are the steps to calculate mortgage payments: Determine the loan amount: This is the amount you will borrow to purchase the property. For...
by The Mark Klein Team | Jun 16, 2023 | Mortgage
Creating a household budget can be a helpful way to track your spending and ensure you are meeting your financial goals. You will need to examine your fixed expenses that are the same each month, such as rent or car payments and your variable expenses that change each...
by The Mark Klein Team | Jun 13, 2023 | Mortgage
Many millennials find home buying overwhelming due to a variety of factors such as high housing prices, student loan debt, competition from investors, economic uncertainty, and a lack of knowledge about the home-buying process. These challenges can make it difficult...
by The Mark Klein Team | Jun 9, 2023 | Mortgage
Obtaining a pre-approval for a mortgage is an important step when you’re planning to buy a home. It gives you an idea of how much you can afford, helps streamline the home-buying process, and strengthens your position as a serious buyer. However, many people...
by The Mark Klein Team | Jun 7, 2023 | Mortgage
When buying a home, there are certain steps a buyer should go through before the home sale is official. First the buyer makes the offer, then the offer is accepted. Next the buyer schedules the inspection and home appraisal. Finally, everyone is ready for closing....
by The Mark Klein Team | Jun 6, 2023 | Mortgage
It is not uncommon for renters to pay more in rent than their landlord’s mortgage payment. This is because landlords are typically looking to make a profit on their rental properties, and they will often set their rent prices based on market rates rather than...
