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What Does a Loan Officer Do: Their Main Five Duties

What Does a Loan Officer Do: Their Main Five Duties

by Kevin M. Lyle | Jun 30, 2017 | Buying Tips, Credit

For most people, buying a home or investment property is the largest financial transaction they will ever experience. Consequently, it is little surprise that obtaining a mortgage is among the most stressful events home buyers will suffer. Interfacing with large banks...
Real Estate Broker vs Agent: What Is Each Responsible For?

Real Estate Broker vs Agent: What Is Each Responsible For?

by Kevin M. Lyle | Jun 20, 2017 | Buying Tips

The real estate world can seem confusing at first, particularly when you look at the terminology. You are probably familiar with the fact that if you want to buy or sell a house or a piece of property, you need a real estate professional to guide you and act as an...
How Long Does It Take to Build Credit and 5 Tips to Improve Yours

How Long Does It Take to Build Credit and 5 Tips to Improve Yours

by Kevin M. Lyle | Jun 14, 2017 | Credit, Tools & Resources

Credit scores are no easy hurdle to jump. They help you rent an apartment, sign a lease on a new car, and help you buy a new phone. With older folk with more decent credit, applying to any number of applications might seem like any easy task. However, with newer...
Mortgage Definition 101: Understanding This Type of Loan

Mortgage Definition 101: Understanding This Type of Loan

by Kevin M. Lyle | Jun 6, 2017 | Borrowing, Homes

A mortgage is a specific kind of loan that covers the purchase price of a house or other property. The most common type of mortgage is a family borrowing money to pay for a new house. Sometimes companies use mortgages when they buy new locations or buildings to help...
What Is a Good Credit Score and How to Improve Yours

What Is a Good Credit Score and How to Improve Yours

by Kevin M. Lyle | May 30, 2017 | Credit

What is a good credit score and why is it so important? Your credit score can determine quite a bit about your life. It can determine where you live, what you drive, and even where you work. If you don’t have a great credit score, it’s important that you...
Refinance Definition 101: Understanding How Refinancing Works

Refinance Definition 101: Understanding How Refinancing Works

by Kevin M. Lyle | May 9, 2017 | Refinancing, Tools & Resources

Looking for a simple refinance definition? Look no further: refinancing is simply the process of taking out a new loan to replace your old loan. People usually refinance when there is an opportunity to save money over the long-term, such as when there are better terms...
What Is a Conventional Loan and How to Contract an Advantageous One

What Is a Conventional Loan and How to Contract an Advantageous One

by Kevin M. Lyle | May 2, 2017 | Borrowing, Homes

If you have ever wondered what is a conventional loan when reading about mortgages, we’re here to help. A conventional loan is a type of mortgage that does not have any kind of government guarantee backing it. Some loans have government backing because they are...
Property Assessment 101: How to Complete It and What to Expect

Property Assessment 101: How to Complete It and What to Expect

by Kevin M. Lyle | Apr 25, 2017 | Buying Tips, Tools & Resources, Uncategorized

Property assessment refers to the act of determining the market value of your property for the purpose of assessing your property tax. Your local government office determines the value of your property annually so they can assess the tax on your property. These tax...
Mortgage Loan Calculator and Advice on Calculating Your Rates

Mortgage Loan Calculator and Advice on Calculating Your Rates

by Kevin M. Lyle | Apr 11, 2017 | Tools & Resources

The process of getting a mortgage and shopping for the best deal may seem difficult. However, there are many tools available that make this process much easier. One of those tools is a mortgage loan calculator. Mortgage loan calculators provide a great way to estimate...
10 Things You Need to Know before Buying a Foreclosed Home

10 Things You Need to Know before Buying a Foreclosed Home

by Kevin M. Lyle | Apr 5, 2017 | Buying Tips, Foreclosures

Buying a foreclosed home can be a great way to save money. It is, however, very different from the process involved with buying a more traditional property. Before you get ready to talk to the bank, make sure you consider these ten factors below. They’ll help...
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