If you’re a seasoned homeowner, you may have heard the term “refinancing” thrown around. But what exactly is refinancing, and is it right for you? Let’s explore the ins and outs. A Brief Explanation of Refinancing With a refinancing, you pay off an old loan on your home and take out a new one, usually […]
Category Archives: Chevy Chase Financing
Should You Get a 40-Year Mortgage?
Obtaining a mortgage requires a good amount of research. How long should your mortgage be? What provider should you use? The questions can seem endless. If you’re considering a 40-year mortgage, read on for a bit of valuable insight. Benefits of a 40-Year Mortgage The main drawback of the 40-year mortgage is pretty obvious: 40 […]
Tax Information For Chevy Chase, MD Home Sellers
If you’ve recently sold your Chevy Chase home this year, congratulations! We know what a great feeling that is. And though it’s only December, it’s not a bad idea to start thinking about tax season and what the sale of your home can mean. Be sure to contact your accountant if you have any questions […]
Helpful Tips For The Mortgage Application
Applying for a mortgage isn’t the easiest task to accomplish. It is a lengthy process that is both involving and time consuming. Take a look at some tips listed below that can help you through the mortgage process. Mortgage Tips For Chevy Chase, MD Homebuyers Have Your Credit Checked In Advance: This is often considered […]
Learning About Mortgage Credit Certificates
Have you been thinking about buying real estate in Chevy Chase, MD? It’s a good time to buy now, especially since mortgage rates are quite favorable. But if you have had trouble getting a home loan, you might want to consider trying to get a mortgage credit certificate. An Overview On Mortgage Credit Certificates Also referred […]
George Mason Mortgage now offering 100% Financing
The Estridge Group is excited to announce that George Mason Mortgage, LLC is once again offering 100% financing! Be sure to share this great deal with your friends and family interested in purchasing their dream Washington, DC home. This offer is open to all neighborhoods in the district and requires zero money down from the […]
3 Reasons Why Home Buyers in Chevy Chase Should Buy Now!
If you’ve been waiting to buy your first Chevy Chase home, you shouldn’t wait much longer! There are several indications that home buying will become more expensive in the near future, even as home inventories improve. Here are some facts to consider! #1: Home Prices Rising Faster Than Expected A nationwide panel of 118 economists, […]
Home Buyers Face Changing Markets in Chevy Chase and Bethesda
It’s only February, but the demand for homes in Chevy Chase, Bethesda, and the surrounding D.C. area is warming up! In fact, our spring housing market may have an early thaw. This presents some opportunities, as well as challenges, for home buyers! Mortgage Rates Rise, Mortgage Rules Change While mortgage rates remain very reasonable, they have […]
Mortgage Approval Tips for Chevy Chase Home Buyers!
If buying a new home in Chevy Chase, Bethesda, or the surrounding D.C. area is in your plans for 2013, you will want to spruce up your credit profile! Most mortgage denials occur due to problems with a credit report, and these problems can surface after you have a mortgage pre-approval in hand. This can […]
Down Payment Trends Could Boost Home Buying in Chevy Chase
Home buyers have a bit of good news: down payment amounts are beginning to decrease. While mortgage underwriting guidelines have not changed, the trend of lower down payments could be a sign of improving lending environments. Here are the numbers, per RISMedia: The median down payment amount during 2010 and 2011 was 11%. First-time buyers […]