Jason Breeland No Comments

Home Equity for Home Improvements

Ahh, summer. The season for kicking back and enjoying the long, lazy days sprawled across a lounge chair by the pool or in your backyard.

Or so the vision goes…

Truth is, summer is also one of the most popular seasons for home improvement and with the recent upswing in the housing market, this year should be one of the best years in recent memory to upgrade and renovate an area of your home. While it’™s true that home improvements aren’™t necessarily cheap, some are certainly worth the investment.

Read more

Jason Breeland No Comments

Using the Power of Your Home’s Equity

We’ve all felt the stress and strain of our personal finances at one time or another in our lives. Whether it’s the number of individual debts we owe or the sum total of those individual debts, there’s no denying that debt – especially consumer (or credit card) debt – mounts easily and can quickly get out of hand, potentially leading us into a downward spiral of financial, emotional, and mental ruin. Subsequently, shortfalls in our budgets can cause us to miss important payments and due dates, bringing on late fees and other penalties, causing us to feel as if there’s nothing that can be done to wrestle back power over our finances. But wait, there’s hope.

Read more

Jason Breeland No Comments

Customer Service: The MiLEND Difference

When it comes refinancing your home or consolidating your debt to lower your monthly payments, it’s true that any average lender can help you to effectively secure your loan. To be honest, very little has changed in the lending business; lenders originate loans for borrowers, processing payments while handling the necessary administrative duties that the loan requires. In essence, the paperwork is relatively easy, thanks in part to technology and automation. The hard part is going the extra mile to help you understand the entire loan process and the various options available to you while offering you the very best in world class customer service the entire way.

Read more

Jason Breeland No Comments

The Importance of a Real Estate Agent

For most people, there’s no doubt that the purchase of a home is the largest single purchase they will ever make in their lives. Daunting, yet rewarding all at once, it can be an angst and joy-inducing process for even the bravest, most adventurous people – which is exactly why many turn to a real estate agent for some much needed help when it’s time to buy a new home.

Read more

Jason Breeland No Comments

Forget the Regret, Refinance Now

With Christmas but a tiny blip in the rear view mirror, the early months of a new year are typically when consumers begin to realize just how much money they may have spent during the holidays, feeling the painful pinch of just how scarce cash can become around this time of year. Whether it was for gifts, gatherings, holiday travel or anything else that tugged at the credit cards, it’™s easy to feel the stress and strain of the past holiday season right where it hurts most – the finances. Throw in an overdue home repair or an unforeseen medical emergency and it’s enough to have anybody reeling with regret and remorse. Luckily, homeowners have the ability to tap into an incredibly valuable resource: the equity in their homes.

Read more

Jason Breeland No Comments

Reverse Mortgages Saving Boomers from Bust?

When it comes to personal finances, sometimes it seems as if there’s never enough money to go around. Not only can it be an incredibly anxious position to be in, but it can also be a depressing and embarrassing experience for anybody in such a circumstance. Now imagine for a moment that you’re just a few short years away from retirement age and facing the same financial predicament. Even worse, imagine that you’re a few years beyond retirement age and experiencing difficult financial hardship – perhaps even unable to work.

Read more

Jason Breeland No Comments

Advisers Moving Forward with Reverse Mortgages

With a growing number of baby boomers living longer, healthier lives, more and more retirees are seeking ways to supplement their retirement income without putting themselves at great financial risk. When you consider the fact that many retirees’€™ greatest financial asset is their home, it’s plain to see how a reverse mortgage, or home equity conversion mortgage, HECM, specifically, can be considered a safe and viable option for retired homeowners looking to cash in on something they already possess: their home.

Read more

Jason Breeland 43 Comments

7 Reasons Using a Real Estate Agent Could Benefit You

The choice of using a real estate agent to purchase your home comes with a long list of pros and cons. In this era of internet-savvy buyers, it becomes much harder to justify paying someone else to do the research for you. But as with any significant financial decision, MiLEND encourages you to consider the benefits of using a real estate agent in the home-buying process.

Read more

Jason Breeland No Comments

How Much House Can I Afford?

“How much house can I afford?” is a question we hear frequently at MiLEND from those looking to purchase a new home. The mortgage you can afford depends on many factors, including your target monthly payment, annual income and down payment amount.

Read more

Jason Breeland 1 Comment

Do Mortgage Inquiries Affect My Credit Score?

You may have concerns about your credit report being pulled numerous times within a short period of time when inquiring about a mortgage. This can occur while shopping for a loan with multiple mortgage lenders or mortgage brokers over the span of a few weeks or even months. MiLEND understands these concerns, and wants to help you understand your options and risks. While mortgage inquiries can certainly add up, they won’t necessarily lower your credit score or affect your ability to obtain financing.

Read more