8 Budgeting Tips That Let You Buy a Home Sooner

Buying a home is one of the largest investments you’ll likely ever make, so it requires preparation and forethought to get it right. When you’ve decided you’re ready to be a homeowner, the most important thing you can do is to ensure your personal finances are in order. If this is something you struggle with, follow our simple tips to set yourself up for success and be able to buy your Florida home sooner rather than later.  Tips to Know  Establish Your Household Income The first thing to do is figure out your household income after tax, called your net income. To figure out your net income, you have first to know your gross income. To do this, look at your pay stubs and the amount shown before deductions are taken out is your gross. If you’re paid monthly, multiply… Read More

4 Steps to Improve Your Credit Score Before Buying a Home

When it comes to buying a home and securing a mortgage, bad credit can make it difficult to get a decent interest rate, which results in higher costs for you. Fortunately, there are some steps you can take to increase your credit score before applying for a mortgage. Improving your credit score by even 50 points can lead to significant savings in the long run. Read on for 4 simple steps to improve your credit standing. Improving Your Credit If your credit score is too low, you may not be able to qualify for a mortgage in the first place. Most mortgage lenders have a minimum that borrowers must meet to work with them, so borrowers with below-average credit stand to gain the most by improving their scores. Even good credit scores can stand to save thousands of dollars by… Read More

Chris Doering Mortgage to Sponsor FWAA All-America Team and Steve Spurrier First Year Coach Award

Gainesville, FL – July 29, 2021 – Chris Doering Mortgage has teamed up with the Football Writers Association of America (FWAA) for the sponsorship of its 2021 Freshman All-America Team including establishing Doering’s former coach, Steve Spurrier, as the namesake of the FWAA First-Year Coach Award. This will be the 21st straight season in which the FWAA has named a Freshman All-America Team and the 20th consecutive year for the First-Year Coach, although the first time with a namesake for the award. Notable and recent past winners include Spurrier himself in 2005 with South Carolina, Notre Dame’s Tyrone Willingham (2002), Boise State’s Chris Peterson (2006), Oregon’s Chip Kelly (2009), Florida State’s Jimbo Fisher (2010), Ohio State’s Urban Meyer (2012), Auburn’s Gus Malzahn (2013), Oklahoma’s Lincoln Riley (2017), UCF’s Josh Heupel (2018), Ohio State’s Ryan Day (2019) and Colorado’s Karl Dorrell… Read More

Homeownership: The Benefits May Surprise You

Your home is more than just where you lay your head and where your heart is — it’s also one of the most significant financial investments you will ever make. While some of the advantages of homeownership are immediately apparent, there are some you may not think about as you consider purchasing a home.  Aside from being a place to create treasured memories with your family, owning a house offers many financial benefits, and these advantages aren’t limited to tax season. June is National Homeownership Month, so it’s the perfect time to learn about why owning a home is a smart investment you can make for your future.  Homeownership Financial Benefits Build Wealth Owning a home allows you to build your wealth over time as you strengthen your financial future. In a strong economy, home values increase, so owning a… Read More

How to Build Your Home Buying Dream Team

If you are a potential home buyer who is unfamiliar with the industry, it can be overwhelming to know the processes’ inner workings and how it all fits together to take you from the mortgage pre-approval to move-in day at your new house. But, just as with football games, it takes a passionate, competent group of people working together behind the scenes toward a favorable outcome. These people make all the difference because without them, buying a home would be stressful, intimidating, and downright frustrating. Read on to learn who should be on your home buying dream team and how these important players make your home buying experience a positive one.  The 6 People You Need in Your Home Buying Line-Up  The Real Estate Agent  As the person who may hold the key to showing you your dream home, your… Read More

The What, Why, and How to Refinance Your Home Loan

A few months ago, we had a blog Should I Be Refinancing My Home Mortgage? Today, the answer is clear: yes. The current market is prime for refinancing on home mortgage loans. The mortgage refinancing market hinges on further economic data in the global market. However, a major market mover comes biologically. In the midst of growing coronavirus (COVID-19) fears all over the globe, it has investors retreating to safer investments. As average mortgage rates continue to unwind (parallel to the 10-year treasury yield) to recent history record lows, it shapes up to be an opportunity for those with a current mortgage through refinancing. So far, according to the Mortgage Bankers Association, refinancing applications are up 165% on the year. What Is Refinancing? Refinancing is a refresh that gives you a new mortgage with lower monthly payments, a lower interest… Read More

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