Explore Hammonton, NJ

By Karl Peidl, Accredited Loan Consultant
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  Buying a Home in Hammonton NJ How Much Money Should You Borrow?   While it might be tempting to borrow whatever amount of money your lender is willing to give you, it's important to think carefully about how much you'll actually need to borrow in order to purchase a new home. From the down pay...

By Karl Peidl, Accredited Loan Consultant
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  Refinancing in Hammonton NJThe Federal Reserve and Mortgage Rates Understanding What Causes Interest Rate Movement   The Federal Reserve constantly evaluates the US economy and, when necessary, takes steps to address inflationary concerns and avoid economic recession or depression. The mass me...

By Karl Peidl, Accredited Loan Consultant
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Mortgage Rate Update & What Are Points and When Should You Pay Them?Points are up-front fees paid to obtain a better interest rate on a loan. One point equals one percent of the loan amount. A lower interest rate may result in a lower monthly payment, but it is important to consider how long you...

By Karl Peidl, Accredited Loan Consultant
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Karl Peidl of Lincoln Mortgage Company Earns Advocate Lender Status Dallas, TX (PressExposure) September 02, 2009 -- National Home Loan Advocates announces today that Karl Peidl, Senior Loan Officer for Lincoln Mortgage Company, has earned the prestigious status of Accredited Mortgage AdvocateTM....

By Karl Peidl, Accredited Loan Consultant
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  Refinancing in Hammonton NJTrigger Leads: Protect Your Personal Data   Did you know that the major credit bureaus sell your personal information? It's true! Known as "trigger leads", the files of borrowers applying for a home loan are immediately flagged, packaged, and sold by the credit burea...

By Karl Peidl, Accredited Loan Consultant
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Buying a Home in Hammonton, NJ: Stop Paying Your Landlord's Mortgage!   It's staggering when you think about the cost of living, especially if you're a renter and not a home owner. If you are currently paying $1,000 a month for rented housing, then over the next three years, your property manage...

By Karl Peidl, Accredited Loan Consultant
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Refinancing in Hammonton NJ: Credit Tips That Will Score Lower Interest Rates A good credit score translates into lower interest rates for refinance-shopping borrowers. In a mortgage lender's eyes, the higher your score is, the less risk you are, and the more likely it is you will pay off your d...
 Buying A Home in Hammonton NJ Quick Tips for Getting Started on Your Home Purchase Buying a home can be a complex process, but it doesn't have to be. With a little preparation, you can save a lot of time and hassle by having all of your documents ready when your mortgage professional needs them...

By Karl Peidl, Accredited Loan Consultant
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  Protecting Credit During Divorce Divorce raises a whole host of complex issues that can be emotionally and financially devastating. During this time of great upheaval, the last thing anyone wants to deal with is a change in the credit status he or she has worked so hard to achieve. The good ne...

By Karl Peidl, Accredited Loan Consultant
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Mortgage Rate Update & How Adjustable Rate Mortgages Work During the last decade, Adjustable Rate Mortgages (ARMs) have increased in popularity among consumers. These days, few homeowners (especially first-time buyers) remain in their homes for more than seven years. In this case, it often makes...

By Karl Peidl, Accredited Loan Consultant
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Buying A Home - Part 5: Glossary of Terms   Adjustable Rate Mortgage (ARM)   A mortgage in which the interest rate is adjusted periodically based on a pre-selected index and margin. Amortization   Means of loan payment by equal periodic payments calculated to pay off the debt at the end of a fixe...

By Karl Peidl, Accredited Loan Consultant
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Home News Lower Your Property-Tax BillBy Pat Mertz, Kiplinger's Personal Finance, www.kiplinger.com If you anticipate a silver lining in the black cloud of declining home prices - in the form of lower property-tax bills - you may be disappointed. The National Taxpayers Union figures that as much...

By Karl Peidl, Accredited Loan Consultant
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Buying a Home - Part 4: Credit Scoring Your credit score is a major factor that will be considered by the lender when they review your loan application. They want to know what your credit history is, and whether you have the ability to pay back the loan you are requesting. In short, good credit ...

By Karl Peidl, Accredited Loan Consultant
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Financial Tips for Couples Who Need to Talk Tough economic times can cause a major strain on your marriage. And while we all know that communication is often the key to overcoming this challenge, discussing finances with a spouse can be extremely difficult for many people. With this in mind, her...

By Karl Peidl, Accredited Loan Consultant
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$8,000 Tax Credit for First Time Home Buyers Mortgage NewsWhat Would You Do With $8,000? What if the government decided today that, instead of bailing out Wall Street, it was going to give every American $8,000? What would you do with the money? For most Americans, paying off credit card debt wo...

By Karl Peidl, Accredited Loan Consultant
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Mortgage Rate Update & Go Back to School...For Free! These days, many adults are taking classes to retool their skills or learn about new industries. With a little research and a little effort, returning to school may be a whole lot easier...and a whole lot cheaper...than you think!|Here are som...

By Karl Peidl, Accredited Loan Consultant
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Buying A Home - Step 3: Origination Points Origination points are often misunderstood. Points are nothing other than interest paid at the time of closing to obtain a lower interest rate on a loan. One point is equivalent to 1% of the loan amount. If you are going to borrow $300,000 on your loan, ...

By Karl Peidl, Accredited Loan Consultant
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   Ways to Raise Your Credit Score - And Fast If you are looking to improve your credit score quickly, now is the time to get started. Give us a call. We'll review your credit and find out exactly where you stand and where you need to get to. In the meantime, here are some great strategies you c...

By Karl Peidl, Accredited Loan Consultant
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Buying A Home - Step 2: The Nuances of Your Contract The process of buying a home is often much more complex than the average individual expects it to be. Items involved in your purchase contract can have a significant impact not only on the success of your purchase transaction, but on your stre...

By Karl Peidl, Accredited Loan Consultant
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 Buying A Home - Step 1: Rate Shopping  Introduction The idea of purchasing a home, whether it be your first or last, is bound to bring many questions to mind. This is a natural reaction, as it is one of the biggest decisions you will ever make. Rest assured, my team and I are here to assist you...

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