Tag Archive: home financing

What to consider when budgeting for your Florida dream home

When you apply for a mortgage, the lender examines your finances to determine how much they are willing to allow you to borrow to buy a home. For prospective buyers seeking their Florida dream home, it can be a shock just how much mortgage it takes.  However, the bank doesn’t ...

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The basics of recasting your mortgage payments

Recasting mortgage payments is a little-known gem when it comes to homeowner finances. It’s often viewed as a method to lower monthly payments without extending the length of your loan term. But what exactly is mortgage recasting? Are there any disadvantages to it? What about my interest rates? Will my ...

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