Financial independence — the knowledge that you, not a corporation, control your economic destiny — is an empowering feeling and a huge motivating factor for people who become self-employed.
It's the first week of December and our low mortgage rates are still looking strong. While the national average for rates rose slightly in the last week, our rates remain unchanged. Let's hope they stay that way for a good bit longer.
If you are getting ready to refinance, make sure to read this article from Yahoo! Homes. It covers the five basic blunders anyone is liable to make when going through the refi process. We always encourage our applicants to research as much as they can before making decisions with their money. After all, knowledge is power when it comes to your finances. To help you research, we have a whole Free Resources library to help get you started. And of course, feel free to contact any of our Arkansas mortgage lenders if you have any questions.
Bank of Little Rock Mortgage is also rolling out a new blog to provide our experience and expertise on mortgage finance, written in plain English for you to follow easily. We call itThe Mortgage Statement.
Are you interested in seeing if you prequalify for a home loan? We have a quick-and-easy online prequalification process you can access below.
If you have any questions, comments or concerns, we would love to hear from you. Just contact us and let us know what you need. For more information on Arkansas mortgage rates and Arkansas mortgage lenders, check out our website.
Happy Monday,
Scott McElmurry
President & CEO of Bank of Little Rock Mortgage
NOTE: Your mortgage rate can be affected by a number of factors, including your credit score, loan-to-value ratio, your down payment and the loan program you choose. No matter what, we'll always find you the best mortgage loan at the best rate, guaranteed. For more information, visit our Today's Rates page.
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Tags: mortgage rates, How do I refinance, first-time home buying
Just like any other industry, the mortgage-lending field is not without its bad apples. As a borrower, you have to keep an eye out for mortgage scams that can hurt everything from your credit score to your personal finances to your home ownership. Our number one priority is to help you get a home loan that benefits you the most. We want to make sure you pass through the mortgage process armed with the knowledge to keep yourself protected against potential mortgage scams.
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Tags: mortgage insurance, Mortgage payment, first-time home buying
For the majority of first-time homebuyers, getting a mortgage is a must. A mortgage, however, can be a complex process for those who don’t do their research. It’s important to know exactly what will be required of you during the mortgage application process, because preparation is one major key to success.
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Tags: Get pre-qualified online, first-time home buying, choose a mortgage
The final step in buying a home is the closing. When you close on a home, you are finally making the home yours.
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Tags: Closing, first-time home buying
