Refinance & Mortgage Tips: Down Payment From 401k Or 403b Retirement Annuities

Refinance & Mortgage Tips: Down Payment From 401k Or 403b Retirement Annuities

Refinance & Mortgage Tips: Down Payment From 401k Or 403b Retirement AnnuitiesBy: Hunter Lending Team
Published on: 27/08/2024

If you are purchasing a home and have a substantial portion of your assets inside of a retirement account such as a 401K, 403B or other retirement product or annuity, you may choose the increasingly popular option of tapping those funds to make a down payment on your new home. Like any other accounts you may have in your name, such as brokerage accounts and bank checking, savings and money market accounts, most popular retirement accounts qualify as assets to be counted towar...

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Why Should You Get A Capped Mortgage?

Why Should You Get A Capped Mortgage?

Why Should You Get A Capped Mortgage?By: Hunter Lending Team
Published on: 27/08/2024

Many people who get variable rate mortgages find that they can mix the security of a fixed rate mortgage whilst still having variable rates by getting a capped mortgage plan. If you are looking for a variable rate mortgage then you should seriously consider putting a cap on the mortgage. Here is some useful advice about whether or not you should proceed with a capped mortgage

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Using A Comercial Mortgage For Your Business

Using A Comercial Mortgage For Your Business

Using A Comercial Mortgage For Your BusinessBy: Hunter Lending Team
Published on: 27/08/2024

Many people who invest in property or who own a business overlook the advantages of buying commercial premises. Although it is often cheaper in the short-term to rent property for business, there are a number of benefits to buying.

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9 Tips on Applying for a Second Mortgage

9 Tips on Applying for a Second Mortgage

9 Tips on Applying for a Second MortgageBy: Hunter Lending Team
Published on: 27/08/2024

People usually apply for a second mortgage or home equity loan when they need money for debt consolidation, to pay large expenses or for home remodeling and home improvement. What type of mortgage loan you select, depends on your needs, but the application and approval process is similar for both. These nine tips will help your loan process be as hitch-free as possible. Consider the second mortgage terms, pre-payment penalty for early pay off, and of course the interest rate & closing costs.

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