My Simple Mortgage’s Post

Monday Mortgage Myth! Myth: You can’t move house if you’re tied into your current mortgage. Reality: If you have an existing mortgage, you may still be able to move without incurring any expensive penalties by taking your mortgage with you. This is called Porting. You may even be able to borrow more if you’re “upsizing.” For more detailed information about any of this, please send us a DM for an informal chat and let us answer your mortgage questions. *Your home may be repossessed if you do not keep up with repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage.* . . . . #homeownership #mysimplemortgage #firsttimebuyers #firsttimebuyerUK #mortgage #remortgage #househunting #mortgageadvice #mortgagesupport #mortgageinformation #buyingahome #gettingontheladder #propertyladder #propertyladderUK #propertyladdergoals #dreamhome #letushelpyou

Monday Mortgage Myth! Myth: Mortgage In Principle is the same thing as a Mortgage Offer Reality: The Mortgage In Principle is an indication of what you can borrow, not a firm confirmation. That means there’s still more paperwork your advisor will be requesting from you before you get a firm offer. Even if life gets busy – try to keep an eye on all correspondence regarding your mortgage to make sure your advisor can get that mortgage deal locked in as quickly as possible! If you are looking to buy your first home or wanting to remortgage, send us a DM for an informal chat. *Your home may be repossessed if you do not keep up with repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage.* . . . . #homeownership #mysimplemortgage #firsttimebuyers #firsttimebuyerUK #mortgage #remortgage #househunting #mortgageadvice #mortgagesupport #mortgageinformation #buyingahome #gettingontheladder #propertyladder #propertyladderUK #propertyladdergoals #dreamhome #letushelpyou

How do you know when the right time to buy is? The right time to buy is when YOU are ready! Stable income. Good credit. Down payment saved! Many people convince themselves that they cannot or should not own a house because of the economy, rates, etc. My advice is to talk to a licensed mortgage professional and determine a STRATEGY for owning a home! If you want to chat about qualifying for a mortgage and owning a home in 2024, let's book a call! Nicole Reynolds Mortgage Agent Level 2 Rock Capital Mortgage Lic 10556 #ownahome #mortgage #mortgagequalification #mortgagetips #nicolereynoldsmortgages

Monday Mortgage Myth! Myth: If you have been declined a mortgage, you can’t reapply. Reality: You might have been declined by a lender, that’s OK, it happens. We work with over 120 different lenders in the UK and there might be another one that’s more appropriate or suitable to your needs. Speak with our team and lets see if we can find you the right lender for you. *Your home may be repossessed if you do not keep up with repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage.* . . . . #homeownership #mysimplemortgage #firsttimebuyers #firsttimebuyerUK #mortgage #remortgage #househunting #mortgageadvice #mortgagesupport #mortgageinformation #buyingahome #gettingontheladder #propertyladder #propertyladderUK #propertyladdergoals #dreamhome #letushelpyou

Top Strategies to Pay Off Your Mortgage Faster! Want to pay off your mortgage faster and save on interest? One of the easiest ways is to make an extra mortgage payment each year, applying it directly to the principal. This simple step can shave 6-7 years off your loan. Additionally, switching to bi-monthly payments instead of monthly can cut off another few years. Using both strategies, you can pay off your mortgage 10-12 years early! Have questions? Reach out to me and I'd be happy to answer! #MortgageTips #FinancialFreedom #HomeOwnership #MortgageStrategies #PayOffMortgage #RealEstateAdvice #HomeBuyingTips #SaveOnInterest #EarlyMortgagePayoff #RealEstate2024 #JohnFaulisRealty #VegasRealEstate #VegasDreamHomes #RealEstate #GoSizzleMedia #LasVegasRealEstate

Monday Mortgage Myth Myth: You can't remortgage if you're in negative equity. Reality: Remortgaging while in negative equity (where your home is worth less than your outstanding mortgage balance) can be difficult, but it’s not impossible. Some lenders may allow you to remortgage, although you may need to increase your deposit or accept higher interest rates. Alternatively, staying with your current lender and negotiating a new deal might be a better option in this situation. For more info, send us a DM for an informal chat! *Your home may be repossessed if you do not keep up with repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage.* . . . . #homeownership #mysimplemortgage #firsttimebuyers #firsttimebuyerUK #mortgage #remortgage #househunting #mortgageadvice #mortgagesupport #mortgageinformation #buyingahome #gettingontheladder #propertyladder #propertyladderUK #propertyladdergoals #dreamhome #letushelpyou

Did you know that remortgaging early can 𝘀𝗮𝘃𝗲 𝘆𝗼𝘂 𝗹𝗼𝗮𝗱𝘀 of 💰💰 in the long run? With 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗿𝗮𝘁𝗲𝘀 𝗰𝘂𝗿𝗿𝗲𝗻𝘁𝗹𝘆 𝗱𝗿𝗼𝗽𝗽𝗶𝗻𝗴 ⬇️, now is the perfect time to consider remortgaging. You can also take advantage of 𝗻𝗲𝗴𝗼𝘁𝗶𝗮𝘁𝗶𝗻𝗴 𝗯𝗲𝘁𝘁𝗲𝗿 𝘁𝗲𝗿𝗺𝘀, researching the market, and even getting 𝗮𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗮 𝗺𝗼𝗿𝗲 𝘀𝘂𝗶𝘁𝗮𝗯𝗹𝗲 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 product. 🏠 💸 So, 𝗱𝗼𝗻'𝘁 𝘄𝗮𝗶𝘁 until the last minute. Start exploring your remortgaging options now! 🙌 𝘠𝘰𝘶𝘳 𝘏𝘰𝘮𝘦 (𝘰𝘳 𝘱𝘳𝘰𝘱𝘦𝘳𝘵𝘺) 𝘮𝘢𝘺 𝘣𝘦 𝘳𝘦𝘱𝘰𝘴𝘴𝘦𝘴𝘴𝘦𝘥 𝘪𝘧 𝘺𝘰𝘶 𝘥𝘰 𝘯𝘰𝘵 𝘬𝘦𝘦𝘱 𝘶𝘱 𝘳𝘦𝘱𝘢𝘺𝘮𝘦𝘯𝘵𝘴 𝘰𝘯 𝘺𝘰𝘶𝘳 𝘮𝘰𝘳𝘵𝘨𝘢𝘨𝘦. 𝘈 𝘧𝘦𝘦 𝘮𝘢𝘺 𝘣𝘦 𝘤𝘩𝘢𝘳𝘨𝘦𝘥 𝘧𝘰𝘳 𝘮𝘰𝘳𝘵𝘨𝘢𝘨𝘦 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘛𝘩𝘦 𝘦𝘹𝘢𝘤𝘵 𝘢𝘮𝘰𝘶𝘯𝘵 𝘸𝘪𝘭𝘭 𝘥𝘦𝘱𝘦𝘯𝘥 𝘰𝘯 𝘺𝘰𝘶𝘳 𝘤𝘪𝘳𝘤𝘶𝘮𝘴𝘵𝘢𝘯𝘤𝘦𝘴. #RemortgageWisely #Homeowner #Remortgaging #SaveMoney #Remortgage #MortgageTips #MortgageExpert #MortgageAdvice #RemortgageEarly #LowInterestRates

Myth: Once you’ve been refused a mortgage, you can’t apply again. Reality: Being refused a mortgage doesn’t mean you won’t be able to get one in the future. Different lenders have different criteria, and one rejection doesn’t affect your ability to apply elsewhere. However, it’s wise to understand why you were rejected and address any issues before reapplying. For more info, send us a DM for an informal chat! *Your home may be repossessed if you do not keep up with repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage.* . . . . #homeownership #mysimplemortgage #firsttimebuyers #firsttimebuyerUK #mortgage #remortgage #househunting #mortgageadvice #mortgagesupport #mortgageinformation #buyingahome #gettingontheladder #propertyladder #propertyladderUK #propertyladdergoals #dreamhome #letushelpyou

Myth: Once you’ve been refused a mortgage, you can’t apply again. Reality: Being refused a mortgage doesn’t mean you won’t be able to get one in the future. Different lenders have different criteria, and one rejection doesn’t affect your ability to apply elsewhere. However, it’s wise to understand why you were rejected and address any issues before reapplying. For more info, send us a DM for an informal chat! *Your home may be repossessed if you do not keep up with repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage.* . . . . #homeownership #mysimplemortgage #firsttimebuyers #firsttimebuyerUK #mortgage #remortgage #househunting #mortgageadvice #mortgagesupport #mortgageinformation #buyingahome #gettingontheladder #propertyladder #propertyladderUK #propertyladdergoals #dreamhome #letushelpyou

Hey Homebuyers, feeling stuck between a fixed-rate and an adjustable-rate mortgage? 🏠💭 Choosing your home loan is like picking the right tool for a job – it's gotta match your plans. At PBJ Mortgage, we're all about making this choice as easy as pie. 🥧 We'll walk you through the pros and cons, tailor options to your unique situation, and ensure you're equipped to make a confident decision. 🛠️💼 Ready to feel empowered in your mortgage journey? Drop us a line or visit our website! 📞🌐 #HomeLoanHelp #MortgageConfidence #PBJMortgage #pbjteam #makingmortgagesimple #fyp #homebuyingtips #dfwrealestate #housebuyingguide #mortgagetips #homefinancing