The Coronavirus Aid, Relief, and Economic Security (CARES) Act has introduced two essential safeguards for homeowners with federal mortgage backing: Foreclosure Moratorium and a Right to Forbearance. Forbearance allows a temporary pause or reduction in your mortgage payments. The nature of your loan, investor requirements, and your servicer all influence the forbearance options available to you. Homeowners can request forbearance for up to 180 days, with an additional extension of 180 days if financial difficulties persist. Contact CrossCountry Mortgage today for further guidance on forbearance. ...

Keeping your home safe and secure is of utmost importance. To achieve this, a comprehensive home safety checklist can be a valuable tool. By following a checklist, homeowners can identify potential safety hazards, reduce risks, and address necessary repairs. The checklist covers various aspects of home safety, including fire safety, electrical safety, home security, first aid, child safety, senior safety, and outdoor safety. Each section provides tips and recommendations specific to the respective area, empowering homeowners to create a safe and secure environment for their families. By utilizing this comprehensive home safety checklist, you can proactively protect your home, enhance its value, and ensure the well-being of your loved ones. ...

Embarking on the path to homeownership is a monumental decision, warranting precision and the right resources to navigate its complex terrain. Key among these resources is the mortgage pre-approval, a straightforward process that offers an accurate projection of your financial capacity and expedites the home-buying process. With a mortgage pre-approval from CrossCountry Mortgage, you secure an edge over market competitors, and the disappointment of falling for a home outside your affordability range is evaded. The process commences with an overview of your current financial status, allowing the lender to assess your creditworthiness and determine the loan amount you're eligible for. Undertaking this journey with CrossCountry Mortgage assures confidentiality and security, making the journey towards your dream home both certain and simplified. ...

Discover how seller concessions can help alleviate the financial burden of buying a home. From covering closing costs to negotiating assistance with fees and repairs, learn how to leverage seller concessions to save money and make your dream home more affordable. Find out the advantages and considerations, along with limits on concessions based on loan types. Take control of your homebuying expenses and make the most of seller concessions to achieve your homeownership goals. ...

Discover how down payment assistance programs can alleviate the challenges of homebuying, reduce upfront expenses, and make homeownership more accessible. Explore various types of assistance, eligibility criteria, and repayment options to find the perfect fit for your needs. Take the first step towards owning your dream home today. ...

Choosing to lease an apartment or house often appears to be the conventional choice for those who haven't fully explored the rewards of owning property. A commonly underestimated advantage of owning a property is that it's more than just a source of equity. In contrast, owning your first home invites a newfound sense of liberty. Your landlord's financial stability and reliability, although beyond your control, can directly impact your living conditions. Compared to the rate of inflation, living cost increases, and other factors, your fixed monthly payment could be cheaper than rent. ...