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Understanding Why You Don’t Need to Pay Off Your Mortgage Early

by lizlaurenb | Oct 19, 2023 | Mortgage Tips

In the world of personal finance and homeownership, there’s a common debate: should you pay off your mortgage early, or is it better to take a more relaxed approach to your home loan? While the idea of being mortgage-free is undoubtedly appealing, there are...

How Do Mortgage Lenders Decide How Much You Can Borrow?

by lizlaurenb | Oct 18, 2023 | Mortgage, Mortgage Tips

When it comes to buying a home, one of the most critical factors to consider is how much you can borrow through a mortgage. Mortgage lenders play a pivotal role in determining your borrowing capacity. We will delve into the intricacies of how mortgage lenders decide...

3 Important Tips When Making a Down Payment for a Home

by lizlaurenb | Oct 17, 2023 | Home Mortgage

When it comes to purchasing a home, one of the most significant financial decisions you’ll make is how much to put down as a down payment. Your down payment not only affects the amount you need to borrow but also plays a vital role in determining your mortgage...

What’s Ahead For Mortgage Rates This Week – October 16, 2023

by lizlaurenb | Oct 16, 2023 | Financial Reports

Last week’s economic report schedule included notable reports with the CPI & Core CPI in addition to PPI and Core PPI. Many markets are keeping a close eye on the inflation numbers for the U.S. as well as many other parts of the world to help guide their policies....

The LTV Ratio How Loan to Value Works and Why You Need to Understand This Ratio

by lizlaurenb | Oct 13, 2023 | Mortgage

Are you in the market for a new home? If you plan on using mortgage financing to buy your next home you’ve likely heard the phrase “loan-to-value” or the acronym “LTV” before. Let’s take a quick look at the loan-to-value ratio...
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Cornerstone First Mortgage, LLC NMLS#173855 

Racheli Refael NMLS# 64918

Branch address:
1471 NE 26th St. Suite 100
Fort Lauderdale, FL 33305

Call 954-800-0330

Racheli Mortgage Team

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