6 Things You Should NOT Do While Buying a Home

While you are in the process of buying a home there are some things you don’t want to do. I’ve seen people lose their mortgage approval on their new house because of one of these simple, yet important mistakes. 1. Do not lie or withhold information on your loan application. Lenders are becoming even more serious...

Read more

Considering Your Cost of Living

When buying a home there are other monthly costs involved beyond just the mortgage payment.  Here are some of the costs to take into consideration when budgeting for a house in Columbus.  1. House Mortgage This is going to be your main chuck of expense for your monthly and yearly cost of living, the principal and interest on...

Read more

Mortgage Rates on the Rise

Treasury yields have been climbing as the economy begins to show signs of slow improvement. As a result, mortgage rates are now increasing.  The national average interest for a 30-year, fixed-rate mortgage was 5.05% in the week that ended Feb. 11th, this the first time since May 2010 that mortgages rates were above 5%,...

Read more

What is a Pre-Approval?

If you have read anything about buying a house, the first thing most people or articles you read will tell you to do is "get a pre-approval."

Read more

Increasing Your Credit Score to 850

Credit scores can range from 300 to 850 and the idea behind a credit score is to gage how risky you are as a consumer based on your score.  The higher the score, the lower risk to a potential company.  However, anything over 770 is considered excellent credit.  Five factors contribute to a credit...

Read more

Recasting to Lower Mortgage Payments

The New York Times recently published an article about “re-casting” which is a relatively unknown strategy that some mortgage lenders allow to help lower your monthly mortgage payment without refinancing.  Recasting allows you to lower your monthly mortgage payment by paying off a lump sum of your...

Read more
Shanna Lafontaine, LLC© 
RE/MAX Affiliates Inc. 7239 Sawmill Rd. Ste 210, Dublin, OH 43016

The information contained in this site is solely the individual opinions of its posters. Nothing in this site should be considered legal advice or implying any type of fiduciary duty between its creators, users and posters. All information published through this site is deemed reliable but it is not guaranteed.