Box Home Loans Facebook Page

Archive for the ‘Mortgages’ Category

Mortgage Rates Down

Mortgage rates Trended down Late last week after the release of weak economic data, including a higher unemployment rate and mortgage rates trended down! This is after last month saw a slight increase, according to Freddie Mac’s Primary Mortgage Market Survey. Fortunately for current and prospective homeowners, interest rates continue to be very affordable. Through early R... Read more ›

box home loans,
box loans,
box rates,
great time to refinance,
home equity,
home loans,
interest rates,
mortgage company,
mortgage rates,
rates down,
refi,
refinance,
utah mortgage company

Why Private Mortgage Insurance Exists

Why does private mortgage insurance exist? If you don’t have a lot of money to put down on a mortgage, you will probably be required by your Lender to pay for private mortgage insurance. Many Lenders would otherwise be unwilling to take on the risk of a loan with a down payment lower than 20% Read More »... Read more ›

box,
box home loans,
box loans,
down payment,
home loan,
how much should i put down on my home,
mortgage,
mortgage company,
mortgage insurance,
mortgage rates,
private mortgage insurance,
utah mortgage company

What is a Home Equity Line of Credit?

Home Equity Line of Credit If you own a home and need access to cash, a home equity line of credit (HELOC) is an option you may want to consider. Depending on the amount of equity in your home, you could have access to the cash you need at reasonable interest rates. Although HELOCs have Read More »... Read more ›

box,
box home loans,
box loans,
credit,
home equity,
home equity line of credit,
home loan,
home loans,
line of credit,
utah home loans,
utah mortgage company

Home Loan Application Process

Home Loan Application Process In today’s world you can do almost anything online. From ordering groceries at the local supermarket to watching the most recent episode of Breaking Bad, It is a digital world. They say the world is at your fingertips, but with the endless possibilities why do we still have to go in Read More »... Read more ›

box home loans,
buying a home,
first time home buyer tips,
home loan,
how do i apply for a home loan,
loan application,
loan process,
mortgage,
mortgage application,
mortgage company,
mortgage loan

Improving Your Credit Score

Tips To Improve Your Credit Score? Your Credit Score – Turning a Necessary Evil into a Money-Saving Tool Many people view their Credit Score as a complex, frustrating, “Necessary Evil.” Just when you think you understand your score, it drops a few points, leaving you confused and right back where you started. This is not the Read More »... Read more ›

box home loans,
box mortgage,
credit score,
credit score and loan applications,
credit scores,
effect your credit score,
home loans,
improving your credit score,
increase your credit score,
low credit score,
mortgage,
obtaining a home loan

Private Mortgage Insurance

Private Mortgage Insurance Private Mortgage Insurance is designed to protect the Mortgage Lender in case the borrower defaults on the loan. It provides protection in the event of a foreclosure of the property in which the Lender had financed more than 80% of the home’s value. In the event the borrower has defaulted on the Read More »... Read more ›

box,
box home loans,
box loans,
down payment,
first time home buyer,
home loan downpayment,
how much should i put towards a down payment,
mortgage,
mortgage insurance,
mortgage tips,
pmi,
private mortgage insurance

Intro To Home Loan Closing Costs – Mortgage Closing Costs

About Home Loan Closing Costs When you get a home loan you will need to pay what is known as mortgage closing costs. They are basically fees charged by lenders and third parties that relate to the purchase of your home. This is an additional cost on top of the down payment, and home loan amount. Read More »... Read more ›

box,
box home loans,
box loans,
closing costs,
home loan,
home loan closing costs,
home loan costs,
home loan fees,
mortgage,
mortgage closing costs,
mortgage costs,
no closing costs,
no cost loans,
out of pocket closing costs,
prepare to buy your first home,
preparing for buying a home,
tips for buying a home,
what are closing costs,
what is a no cost loan

Understanding Mortgage Escrow Prepaids – Box Home Loans Mortgage Tips

Mortgage Escrow Prepaids include: We wish (like you) that escrow funds from a previous mortgage could simply be ‘rolled over’ into your new m escrow account, but unfortunately it doesn’t work that way anymore ever since the Dodd/Frank Act took effect. Understanding mortgage escrow prepaids can be tricky… but we’ll help you get a better understanding, Read more ›

box,
box home loans,
dodd frank,
dodd frank act,
escrow,
escrow prepaids,
home loans,
mortgage,
mortgage tips,
prepaid items,
prepaids,
understanding mortgage escrow

Credit Scores & Your Financial Health

Credit Scores & Your Financial Health So we hear a lot about this infamous score and how it can affect our future financial abilities – but what is it really, and how does it come about? First of all, a credit score is an entirely different beast than a credit report. A credit report is Read More »... Read more ›

box,
box home loans,
box loans,
credit repair,
credit report,
credit scores,
delinquent payments on credit report,
fico,
financial health,
fix my credit now,
fixing my credit on my own,
high credit score,
home loans,
how can i fix my credit,
how can i fix my credit on my own,
how can i repair my credit,
improving your credit score,
repair my credit,
repair your credit

Temporary Leave Loan Qualification

Temporary Leave Loan Qualification Temporary leave from an employer may encompass various circumstances (e.g. family and medical, short-term disability, maternity, other temporary leaves with or without pay). Under no circumstances should any medical documentation be required or any inquiry regarding the nature of the disability be made. Temporary leave may vary in duration. The period Read more ›

applying for a home loan,
box,
box home loans,
box mortgage,
how do i qualify for a mortgage if i'm on temporary leave from work,
loan application tips,
loan qualification,
mortgage company,
qualify for a home loan,
qualify for a loan while on temporary leave,
temporary leave,
temporary leave loan qualification