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Some helpful articles by Kingston Mortgage

Increasing Your Wealth with Investment Property Loans Those looking to increase their wealth through real estate generally require more than two homes. In order to do so, borrowers need to utilize investment property mortgage programs. It is difficult for borrowers to find a program which works for them because not all mortgage lenders offer investment …

Once you spend some years in your primary residence you may want to purchase a second property for rental income or to flipping it for profit. Purchasing real estate for the purpose of increasing your income requires an investment property loan. What is investment property? Investment property is real estate that is purchased with the …

Foreign National Mortgage Program Owning property in the United States is a dream many people have. This includes U.S. citizens, residents, foreign nationals, and those living outside the United States. However, foreign nationals and people living outside the U.S. may not know what type of home loan programs are available to them and the requirements …

Mortgages and Your Budget Creating and more importantly, following a budget helps you actively work towards accomplishing your goals. Following a budget offers a cascade of benefits such as revealing waste in your spending habits, which in turn allows you to redirect priorities, and form new habits to support your efforts to reach your goals. …

Purchasing a Home in 2019 with a Jumbo Loan Those who wish to purchase an expensive, luxury home will need a special type of mortgage program to fund their purchase. This mortgage program is known as a jumbo loan. Jumbo loans are a non-conventional loan program so requirements for it depend on the mortgage lender. …

Kingston Mortgage Explains Homeowners Association (HOA) When searching for their property, perspective homeowners will find that some developments have an HOA, or Homeowners Association. Although the organization is helpful overall, the HOA fees and how they can affect a budget can be a surprise to some home buyers. If you wish to learn about HOA, …

Kingston Mortgage Explains Mello Roos When it comes to purchasing a new or recent home, perspective home-owners have many questions about Mello Roos. It is understandable considering the intricate nature of Mello Roos. Kingston Mortgage professionals took the time to explain every aspect of Mello Roos. We hope you find it helpful. What is Mello …

Kingston Mortgage Explains Refinancing Services After some time making monthly mortgage payments, some homeowners may start researching refinancing options. Their goals may include lowering interest rates and mortgage payments. Or they may be interested in receiving cash or consolidating their debts. If you wish to learn more about possible refinancing options, either contact Kingston Mortgage …

Kingston Mortgage Explains Refinancing Refinancing can be a useful tool to lower monthly payments, but only when done properly. Refinancing is not always the right solution for every situation. Read through this article by Kingston Mortgage experts to learn in detail about how refinancing can affect you and your situation. Should I Refinance? Choosing to …

Kingston Mortgage Explains Escrow Accounts One of our core beliefs here at Kingston Mortgage is to share our knowledge and expertise on the home buying process whenever possible. Based off some of the inquiries we receive, escrow accounts are just as confusing as escrow. Please take a look at our article to learn more about …

Kingston Mortgage Explains Escrow As you come close to the end of the home buying process, you will go through escrow. Escrow occurs after the seller selects an offer, but before the sale is finalized. Kingston Mortgage experts hope our article will clarify any questions regarding escrow. What is Escrow? Escrow is a process where …

Home Inspection Home inspection is an important on the journey to owning your own home. Although optional, a home inspection is an important and valuable tool for the home buyer because it will inform you of any large and expensive repairs before you purchase the house. What is a Home Inspection? A home inspection is …

How Much of a Down Payment Do I Need for a Jumbo Loan? As we referenced in our previous article, jumbo loans are required when purchasing an expensive, luxury home. A jumbo loan is only applicable if the home price is above your county’s limit for a conventional loan. Due to escalating home prices, it …

Overcoming the Housing Market in 2019 as a Foreign National Foreign nationals who immigrate ultimately wish to purchase a home in the United States. However, most do not know whether they are able to do so while they are still on a visa. There is no law preventing foreign nationals from purchasing a home in …

What are the Differences Between a Conventional Loan and Jumbo Loan? Depending on the type of property you are searching to purchase, you may have heard of a jumbo loan and a conventional loan. But what is the difference between a jumbo loan and conventional loan? The main difference is that a conventional loan is …

Kingston Mortgage Explains Private Mortgage Insurance (PMI) Private mortgage insurance is one of the topics most asked about in the inquiries made to Kingston Mortgage. It seems that many do not have a clear picture of what private mortgage insurance is or how it works. In short, private mortgage insurance acts as a security net …

Kingston Mortgage Explains a Down Payment A down payment is an upfront payment you make to purchase a home or other asset. The down payment is the portion of the purchase price that you pay out-of-pocket (as opposed to borrowing). A down payment is usually referenced as a percentage of the sales price. In most …

What Home Mortgage Loan is Right for Me? Determining the correct home loan for a buyer’s specific situation can often be a confusing situation, but here at Kingston Mortgage we love to help. Often the correct loan option is determined by the price of the property for purchase, the down payment, and credit score of …

Tax season is over and soon tax returns will be issued. Kingston Mortgage professionals suggest putting that tax return towards a property regardless of what stage you are in your search for a home. Our experts go into further detail in this article. Down Payment A tax return can be added to a down payment …

2019 California Property Tax Property taxes are applied to all standing structures and buildings. It is one of the many mandatory responsibilities a homeowner assumes when they purchase a home. The deadline for paying property taxes without accruing penalties is tomorrow, Wednesday, April 10th. Keep in mind that the base penalty for missing this deadline …

2019 Mortgage Pre-approval Guide One of the first steps in a perspective home owner’s path to purchasing a property is to get prequalified and pre-approved. Although the process to becoming pre-approved is usually short and easy, here at Kingston Mortgage, we think it is better to have an idea of what the process is and …

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