Homes come in many shapes and sizes, and so, too, do mortgages. If you think you have found the right home, you must get the right mortgage in order to close on that home. You drive around and see that the shapes and prices of homes come in a myriad variety. While it […]
Before you purchase a home you must first qualify for a mortgage, and that means you should find the best mortgage lender around. Choosing a lender can be a stressful process because there are so many options from which to choose. To add further stress to this process, your choice will […]
Everyone can afford a different amount for a home and it’s best to know how much you can afford. Before you hit the home market and start shopping for homes way above your price range, it is important to know how much home you can afford. It is the biggest […]
Relaxed restrictions make FHA loans seem appealing, but tread carefully. If someone told you that FHA loans make it way easier to qualify for a home loan, meaning that you could purchase your dream home, would you say yes? Of course you would! But it’s not all sunshine and rainbows. […]
Determine the real cost of your loan. If you haven’t noticed already, very often the loan’s base rate and the annual percentage rate (APR) are completely different. Before you sign the paperwork for your new home, be sure that you know the real price tag by differentiating between these two […]
How to still get the mortgage you need when you’re changing jobs. When you apply for a mortgage, you want to do everything you can to look as financially stable as possible. The more fiscal responsibility you can show your lender, the better rates you’ll receive on the financing you […]
What your credit card does—and doesn’t—do for your mortgage application. When you apply for a mortgage, your lender is going to look at three things: assets, income, and credit. Let’s take a look at the last one today. What, exactly, does your credit score and your credit card debt mean […]
Adding The Best Person To Your Home Buying Team You may not get a lot of say in what home prices are where you want to buy or the national average for mortgage interest rates, but you do get to decide who you will work with to get your mortgage. […]
Tips For Securing The Loan You Need Despite A Low Credit Score If you have poor credit, you may have avoided applying for a home loan and continued to rent. If, however, you have the desire to buy a home do not let your credit keep you from applying for […]
Before you buy a home, it is important that your get pre-qualified for a home loan. This will help speed up the home buying and lending process. Follow these 4 tips to per-qualify for a loan. Improve your credit score. Pay down any debt you have and make sure to […]