Accunet’s Top 5 Rules for Smart Borrowing

Over the past 18 years, Accunet has seen its fair share of missteps and missed opportunities made by borrowers when purchasing or refinancing a home. Here’s what we think a prospective borrower would benefit from knowing before he or she decides how much to borrow and how fast to pay back the mortgage.

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APR: The Annual Percentage Rate & Your Mortgage

Annual Percentage Rate, more commonly referred to as APR, is a term any homeowner or buyer is familiar with. You know, it’s that percentage always mentioned after the mortgage interest rate. But what exactly is APR, and what does it have to do with your home loan?

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If You Can Pay Cash, Why Take a Mortgage?

The short answer is “opportunity cost.” Here’s a real story on a home purchase that just recently closed. I got a call from a financial advisor whose high-net-worth client’s daughter was about to buy her first home in the $250,000 price range.  The daughter, let’s call her Grace (not her real name), already had enough of …

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Saving for a Down Payment on Your First House

The decision to buy a house can be one of the biggest decisions in your life, especially if it’s going to be your first. You can’t just rush into it. You need to be prepared. While there are numerous factors to consider when readying yourself to become a home-buyer, an obvious big one is money …

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What Exactly is a Pre-Approval Letter & Why Do You Need It?

By now, you’ve undoubtedly heard us talk about Accunet’s Rock-Solid Pre-Approval. That’s great, but beyond knowing that it’s essentially a beginning step in the home-buying process, what exactly are these letters, and more importantly – why do you need it? In its most basic definition, the pre-approval letter is a document that a prospective home-buyer …

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