Author Archives: EC Mortgage Lenders

The word Bankruptcy is not just the matter of eliminating your debts; in fact, it comes with a lot of damage to your credit report as well as credit scores. Beside all the proceedings, the challenges and hurdles will remain if you are planning to get a car loan, credit cards or a home mortgage. […]

How to Keep an Objective Opinion When Shopping for Homes Shopping for home isn’t a matter of routine shopping where you buy one dress and you buy a new one next day. We all have priorities and choices. Most of the time we get stuck in the style, convenience, the neighborhood to an extent that it’s […]

Most home buyers have a general idea about mortgage rates – they go up, and down with market fluctuations. But why do they really change  so often and sometimes drastically? The mortgage rate that decides the size of their EMI and ultimately how much they end up paying for the purchase of a house. Mortgage […]

Fixer upper is a term that is used for a house that needs repairs. The fact that fixer uppers are available at attractive prices lower than their fair market value makes them allure for many investors. You can book profit by buying such a house and selling it later after refurbishing it to make desirable […]

Happy Monday, and welcome to your December Mortgage Rate Update. We’re bringing you the latest mortgage rates and average mortgage payments for a typical home purchase. Now looks like a great time to buy as mortgage rates are slowly climbing downward. If you’re considering buying a home, contact us at East Coast Mortgage Lenders. Refinancing […]

Staging a home and getting it ready to sell is always an exciting and nerve racking time, and trying to do so during a holiday even more so. A few simple tips can make your home stand out and get it sold faster. Curb appeal is the first thing that will draw a potential buyer […]

When going through the process of securing a new home, there are many terms that get used that might be new to you. Knowing and understanding these terms can make it easier to get through the mortgage and loan process and makes everything just a little bit easier. Mortgage Terms Loan Term The number of […]

Need a better interest rate? Has your credit report improved? Having trouble making your monthly mortgage payments? Those are just a few reasons to consider refinancing your home. It may seem like an intimidating process but here are a few simple things to consider before making a decision. The financial situations in our lives change […]

Getting ready to buy a home or refinance your mortgage? Here’s some advice to avoid common pitfalls during the process. Cover your basics. Know what your home is worth, don’t underestimate the worth of real estate marketplace websites (realtor.com, Zillow, Redfin, etc.). They can be great tools to determine the realistic monetary value of your […]