Owning a home in the Baton Rouge area has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow recently reported that: “In reality, buying or renting a home is …
Is now the time to refinance Baton Rouge real estate? Maybe yes, maybe no. It is always a good idea to weigh your options. People have been expecting rates to rise and while it was just announced they are not rising yet there is a feeling that the time is coming in the near future. If you are considering refinancing your Baton Rouge home loan consider your reasons.
Eliminate your fear of financing when buying Baton Rouge real estate. Applying for a mortgage may sound daunting but it does not have to be. Do not enter the process afraid of being rejected but rather armed with all of your data and forms knowing that you deserve a loan and, more importantly, that you can afford a loan to buy a home in Baton Rouge.
Credit matters when it comes to buying Baton Rouge real estate and securing a home loan. Good credit comes from having a credit card, car loan, student loan, or various other lines of credit that gets paid regularly. Bad credit comes from late payments, no payments, or maxing out debt and not chipping away at it. No credit comes from having no outstanding debts, and therefore no payment history. It is the good credit that will help you secure a loan to buy a Baton Rouge property.