Fernando Blasi

This would leave a large mortgage on one property and the other property mortgage-free. As we always tell you, having debt is not a negative thing if your financial sacrifices in the years to come are due to a mortgage. Buying a house is an investment for your future and a great way to gain stability. Being said that, if you have more than one property , you may want to simplify your monthly bills into one. In the US, that method is implied when combining two mortgages . In this article we will take you through this process, so keep reading! A second mortgage is also known as a home equity loan in some specific cases. If you ask for one, you will see clear benefits to your financial situation immediately. Here you have a hint of what can happen: By combining two, you can reduce your interest rate, the lower it is, the less you will pay in total over the whole term of the loan. You might pay off your debt faster if you consider asking for a shorter loan term....

This gives you an incentive to make your mortgage payments. Impress your lender and your real estate agent with legit mortgage knowledge! Because when you are making one of the most significant purchases in your life, the more you know about the process, the better. In Intercorp Mortgage Solutions we are always looking forward to tackling all those questions that go through your mind regarding this matter, so keep reading! Down payment basics Saving for a down payment must be in your checklist, as it is an obligation to settle a good deal. This money goes to the homeowner seller, and the rest will be paid by the mortgage you use. You can also see it as a guarantee. At this point, you should learn that this amount is calculated in percentages. If your down payment was below 20% , you could acquire a Private Mortgage Insurance (PMI) if you want to. But if it is above 20%, you will pay a Property Insurance. If the amount is high enough, your monthly mortgage payment w...

Mientras más alto el puntaje, mejor les parece a posibles acreedores. Cuando se trata de salud financiera, las personas tienden a cuidar su puntaje de crédito , especialmente en Estados Unidos donde las entidades, personas naturales, y cualquier tipo de empresa que ofrece un servicio, lo utilizan para tomar decisiones, pues es una garantía de si eres capaz de saldar una deuda responsablemente o no. En tal sentido, si tu puntaje de crédito es muy bajo, probablemente no conseguirás que te aprueben una hipoteca, por ejemplo. En otros escenarios, una persona que alquila un inmueble también pone esto en consideración, e incluso las compañías telefónicas cuando deben abrir otras cuentas y las empresas cuando solicitas un empleo o una póliza de seguro. Pero en relación con la compra de una casa, un prestamista determinará con tu puntaje cuánto dinero está dispuesto a darte, la tasa de interés y demás condiciones en tu hipoteca; o puede que decida no aprobar nada. Tu puntaje d...

Can you actually afford an investment property without lying to your lender? To ask for a mortgage, a lender will want you to have financial stability and a decent monthly income that guarantee you can pay back the debt. The thing is that there is no secret when it comes to your history and records that last forever, especially if you exaggerate to get a bigger loan, smaller down payment or a better mortgage rate. Lying on your mortgage application is not worth it because you could quickly face probation and thousands of dollars in fines and compensation for any losses. Some people believe that those are just white lies, but they can bring you more trouble than you think. Myths are associated with unrelatable income, assets, employment and property uses As we offer a transparent service to our borrowers, at Intercorp Mortgage Solutions , we also encourage our clients to do the same. We think about your future and your sincere desire of finally having a house of your o...

La ventaja es que puedes seguir utilizándolo hasta tu fallecimiento. En términos sencillos, una hipoteca inversa es un tipo de préstamo al que pueden optar adultos mayores a partir de los 62 años. Los propietarios de esta edad tienen la oportunidad de pedir prestado dinero para destinarlo a cualquier fin financiero, cuya cantidad se estimará sobre la base del valor de la casa. ¡Con este artículo, determina si esta opción es la correcta para ti! El Gobierno federal de Estados Unidos otorga el préstamo y usa la vivienda como garantía, pero para ser acreditado, el Departamento de Vivienda y Desarrollo Urbano determinará si cumples con ciertos criterios. Indiferentemente de estos requisitos, no importa si tienes la casa ya paga o todavía adeudas la hipoteca. Con este tipo de hipoteca, puedes convertir una parte de la amortización acumulada sobre la hipoteca de tu vivienda en dinero en efectivo, por ejemplo; pero también pedir el dinero con un propósito único a una agencia fe...

Choose the right option for you available at Intercorp Mortgage Solutions. There are many options in the market when it comes to choosing a mortgage. At this point, you probably have already decided that the next step in your financial life is buying a house. We know how important it is to feel comfortable while paying your home loan in the years to come! As we always tell you, debt is not a negative thing if it is the price for a better lifestyle and an investment for your future. It takes time to search and understand which is the best type of loan for you. Especially with all the legal statutes, taxes rates, and credit history reports. In this article, we want to make sure you have an idea of what mortgage options are out there, and be aware of the ones you do not want at all. Take notes of our considerations and once you make sense of everything regarding this subject, contact us at Intercorp Mortgage Solutions to help you with financial planning strategies and talk...