can teachers salary sacrifice mortgages

As A Teacher, Can You Salary Sacrifice a Mortgage?

In other words, an employee's total compensation is split between cash and benefits rather than just salary. To receive a non-cash benefit, an employee must forego a portion of their salary. Non-cash benefits include superannuation, mortgage, car, and school fees. It maximizes an employee's after-tax benefit while saving the employer ... More

How Much Are Christmas Trees?

The Cost of Christmas Trees, Lights and Other Holiday Costs

You're not alone if you're looking for a little extra holiday cheer this year. Many people wonder about The Cost of Christmas Trees. According to the Associated Press, approximately 20 million Christmas trees are sold each year. That figure is anticipated to climb this year in 2021. How Much Are Christmas Trees? Many people wonder about The ... More

lower your mortgage payment

How To Lower Your Mortgage Payment

Are you looking for a way to free up some cash in your budget? Lowering your mortgage payment is an excellent method to free up cash for other expenses. Let's take a look at all the different ways you might lower your monthly mortgage payment. 1. Refinance With A Lower Interest Rate A reduced interest rate can save you a lot of ... More

how many mortgages can you have

How Many Mortgages Can You Have?

How many mortgages can you have? To expand your real estate investment portfolio, you may be asking how many mortgages you can take on. Purchasing numerous homes can be a terrific way to grow your assets and make money, especially if you make good judgments along the way. However, before you take the leap, you should carefully analyze your ... More

refinance a mortgage

How To Refinance a Mortgage in 4 Simple Steps

Why You Should Refinance Your Mortgage Need to refinance a mortgage? Refinancing is an important tool for the savvy homeowner, as it can offer a host of benefits. Unfortunately, research shows many view the process as confusing and choose to put off looking into it. Although refinancing does require several steps, it doesn’t have to be ... More

How Rent to Own Works

How Rent to Own Works When You Don’t Qualify for a Mortgage

Are you hoping to buy a home even though your credit doesn’t qualify you for a traditional mortgage loan? If so, you may want to consider a rent-to-own arrangement. Here's how rent to own works Renting-to-own allows a prospective buyer to live in a home and pay rent during a lease term, after which time the renter has the exclusive first ... More

how to get rid of pmi

How to Get Rid of PMI, or Private Mortgage Insurance

PMI, or private mortgage insurance, is unavoidable for some purchasers. This coverage can add hundreds of dollars to your monthly mortgage payment — and in the event of default, it benefits the lender rather than you. How to get rid of PMI is a common question. However, there is a silver lining: there are numerous options for getting rid ... More

jumbo mortgage loan

Understanding the Term ‘Jumbo Mortgage’

If you’re like most prospective home buyers, you’ll likely apply for a common mortgage loan called a conforming loan. Though the Federal Housing Finance Agency establishes limits on conforming loans, borrowers may still exceed conforming loan amounts in particular cases. When this occurs, the mortgage instrument is called a jumbo mortga... More

underwater mortgage

Underwater Mortgage? Here’s Your 3 Best Options

The term “underwater mortgage” means you owe more on your home than what you could sell it for in present market conditions. The situation can seem hopeless – pouring money into a property that will not yield a financial benefit, and which could actually damage your finances instead. However, consumers who find themselves in this ... More

Plan Ahead To Get Approved For A Mortgage Loan

Even if a home purchase isn’t in your immediate future, it pays to start thinking about what it takes to get approved for a mortgage. If you know you’d like to become a homeowner in the future, the following tips will help you avoid bumps in the road when you’re ready to take the plunge: Limit credit card debt In this day and age, ... More