Monthly Archives: July 2010

Next-Tier Borrowers

Posted by JD Esajian // July 10, 2010

The next tier consists of those with a credit score ranging from 700 to 719. If your scores were in this range on that day then the lenders would quote you a slightly higher interest rate which is 5.88 percent. This of course would boost the payment but not by much. You would pay $1,184 each month which is just $16 more than a borrower with the very best score. You still would be offered a broad assortment of loan types.

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Points to Remember Before Searching for a Home

Posted by JD Esajian // July 7, 2010

Make sure that you have everything figured out before starting your home search – both on the financing side and in terms of your own wants and needs. Below is a checklist you can use as a guide for your home search.

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Options for Window Shades

Posted by JD Esajian // July 5, 2010

Window shades come in a wide variety of options, ranging from no-nonsense roller models to romantic balloon shades. All shades provide varying degrees of privacy and light control, pleated shades are the most energy-efficient. Bottom-up shades allow you to adjust for privacy while still letting the sun shine in.

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PITI – What Is It?

Posted by JD Esajian // July 2, 2010

During your venture you will probably hear this term used a lot. It stands for principal, interest, taxes and insurance. Every loan includes principal and interest payments and those labeled PITI also include taxes and insurance. Property taxes and homeowners insurance payments can be paid in an annual lump sum. PITI means that these payments are instead spread out over the year and included in each mortgage payment.

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