Mortgage Hints & Tips

It is very important when buying a new house and looking for a mortgage to get the best all round deal. I found a few hints that may make you mortgage hunting a bit easier.

Here is a simple list of things to consider:

1. Don't build yourself a mortgage mountain.
2. Get your budget under control.
3. Prepare to pay off small debts.
4. Begin to gather documentation.
5. Don't forget about closing costs.
6. Compare.
7. Consider points when comparing.
8. Get educated!
9. Consider a 15 or 20 year term.
10. Adjustable Rate Mortgages (ARMs) for short term ownership.

To get more indepth detail on each point check out the Mortgage Hints at OurFamilyPlace.com.

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