How to save thousands on your Mortgage

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EVERY homeowner needs to know how to save THOUSANDS on their mortgage payments each year! Get in contact with us for your mortgage review http://bit.ly/.

After you apply for a mortgage, you’ll receive a standard loan estimate from the lender that explains all the terms and costs associated with your loan. The uniform format makes it easy to compare offers from different lenders. There’s another way that you can potentially save money on your mortgage offers – checking your credit report.

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Here are some tips on how to save thousands on your mortgage. 10 Year Mortgage. Most consumers apply for a mortgage loan with a term of 30 or 15 years – but you’ll pay a lot of interest over that time. For a 30-year fixed-rate mortgage (even at a low rate), you could pay more than $100,000.

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If you are in the market for a new mortgage, implementing just a few critical strategies can help you save thousands. Use a Mortgage Broker At the very top of the list is using a mortgage broker rather than going straight to a bank or building society. Mortgage brokers are professionals who know the mortgage industry inside and out.

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Here are some tips on how to save thousands on your mortgage. 10 Year Mortgage. Most consumers apply for a mortgage loan with a term of 30 or 15 years – but you’ll pay a lot of interest over that time. For a 30-year fixed-rate mortgage (even at a low rate), you could pay more than $100,000.

Tip: A couple who cuts a car out of their life can save thousands. Work from home. A $300,000 mortgage at 4 percent costs $1,432 a month.

Finding the right mortgage can be complex, confusing, and frustrating. But that doesn’t mean you have to settle for anything other than the terms you want. This indispensable and newly updated second edition of How to Save Thousands of Dollars on Your Home Mortgage spells out everything mortgage hunters need to know in clear and accessible terms.

Too many people are just content to pay their mortgage for 25 years, and pay thousands of dollars in unnecessary interest. If you follow these tips, you’ll knock years off your mortgage, and be well on your way to financial independence. Besides, it’s a lot easier to save for retirement without having a mortgage.