Congrats! You have just closed on your new home. Now, what next? You must realize that your homeownership does not end with the closing of your new home, but is just beginning. There are some top tasks to complete that many buyers often overlook. By completing these tasks you can…continue reading
Due to the economic effects of the COVID-19 pandemic, the mortgage rates in the US are at historic lows for the past year. Many Americans have taken advantage of this situation to refinance their homes or take out home equity loans. Both these are useful financial tools to cash out…continue reading
You have found a house and after due diligence and planning, you are finally on your way to become a homeowner. However, the most time-consuming part before you close is the tons of paperwork that you need to review and sign. One such document that you will receive if you…continue reading
If you are a first-time homebuyer you may be apprehensive about whether you could afford the mortgage payments or other costs associated with buying a home. Therefore, the more you know of the mortgage process the more prepared you will be to make the right decision. One important document that…continue reading
Relocating to a new home is exciting. But, at the same time, the long list of things that you need to accomplish before moving is undoubtedly stressful and overwhelming. At first, it may seem like a herculean task. Luckily, these helpful tips and suggestions can make the packing and moving…continue reading
If you are a homebuyer or a seller dealing with a home inspection and an appraisal are just part of the process. Many people, especially first-time homebuyers find it confusing as both are technically a type of inspection and involve a professional visiting the property. However, there are some significant…continue reading
After searching for months you have finally found the home you want. Now you need to decide not only on what price to offer but also prepare for a situation where your offer has to stand out among other buyers. After all, you will not want to lose your dream…continue reading
When you start your mortgage process, your lender or loan officer will want to know whether you want to “float” or “lock-in” your interest rate. It is important that you fully understand these terms before you pick one over the other. Your decision will determine what you pay each month…continue reading
There are many good reasons to purchase a second home. For some, it is part of their dream as they can have a place of their own at their favorite getaway spot where they can spend weekends, summers, and their retirement. For many others purchasing a vacation home is a…continue reading
Buying a home is a significant investment. For first-time homebuyers, it may seem overpowering at first as there are many factors to consider. They will have a ton of questions at the very outset from the basics of the home buying process to shopping for a mortgage. Curiosity may kill…continue reading
Ratebeat is an independent mortgage lender based in California and originates a range of mortgage products in California, New Jersey, Texas and Connecticut.
