How Is Rental Income Taxed When You Have A Mortgage?

How Is Rental Income Taxed When You Have A Mortgage?

Welcome to our blog post where we unravel the intricacies of rental income taxation, specifically when you have a mortgage. Whether you’re a seasoned real estate investor or just dipping your toes in the rental property market, understanding how rental income is taxed can save you from unwelcome surprises come tax season. Join us as…

Does Mortgage Pre-Approval Affect Credit Score?

Does Mortgage Pre-Approval Affect Credit Score?

In today’s blog post, we’re here to debunk the myth surrounding Mortgage Pre-Approval Affect Credit Scores. So sit back, relax, and let’s dive into the world of pre-approvals to uncover the truth behind this common concern. Whether you’re a first-time homebuyer or an experienced real estate investor, this is a must-read for anyone considering taking…

Which Fico Score Do Mortgage Lenders Use?

Which Fico Score Do Mortgage Lenders Use?

Which Fico Score Do Mortgage Lenders Use? Are you ready to embark on the exciting journey of homeownership? Before diving into the world of mortgages, it’s essential to understand one crucial factor: your FICO score. As you may know, different lenders rely on specific versions of this credit scoring model when evaluating mortgage applications. So,…

What Is Mortgaged In Monopoly?

What Is Mortgaged In Monopoly?

Monopoly, the iconic board game that has entertained families and friends for decades, is known for its strategic gameplay revolving around buying, selling, and developing properties. One essential aspect of the game is the concept of mortgaging properties. Understanding how to mortgage in Monopoly can be a game-changer, giving players the flexibility and financial leverage…

Is Homeowners Insurance Included In The Mortgage?

Is Homeowners Insurance Included In The Mortgage?

Welcome to our blog post that aims to answer a common yet critical question for homeowners: “Is Homeowners Insurance Included In The Mortgage?” If you’ve recently purchased your dream home or are considering doing so, understanding the ins and outs of this topic is essential. We’re here to shed light on whether your monthly mortgage…

Can You Defer A Mortgage Payment?

Can You Defer A Mortgage Payment?

Welcome to our blog post, where we address a question that’s been on the minds of many homeowners: Can you defer a mortgage payment? Life can throw unexpected curveballs our way, and sometimes meeting financial obligations becomes challenging. Whether it’s due to unforeseen circumstances like job loss or medical emergencies, understanding your options when it…