How to Speak Like a Mortgage Pro

This week’s episode is PACKED with useful info, so grab that pen and paper! Does it sometimes feel like you need a dictionary to keep track of all the mortgage terms out there? Not to worry, because Carla’s got your back. She explains the most common terms you’ll hear when you’re shopping for a mortgage and breaks down how they are used and what to look out for. Carla also adds in some additional steps for first-time home buyers to help you feel more prepared, including helpful tips like saving for a larger down payment to mitigate or lessen your mortgage insurance amount and staying on top of your credit score (and taking steps to improve it if needed) so you can access the best available mortgage rates. As usual, Carla wants to empower you to make more informed decisions about your finances and reminds us that, just like any life goal, a little bit of planning can make all the difference! 

Please make sure to rate, review, and follow us for more financial tips, tricks, and tactics. Tandia Financial Credit Union is here to help. Got Feedback? Want to learn more? Head to tandia.com for an experience as unique as you are.