Most people need mortgages in order to acquire a home, but in this day and age, a mortgage is not something easy to come across. Homebuyers in this day and age find themselves in quite the unfortunate predicament. Rents and home prices are on the rise, eating up more of people’s paychecks. […]
4 ways to improve your odds of getting a home loan. There are many ways to create a good credit score and become an attractive prospect for a home loan. The problem is that many lenders are still gun shy from the foreclosure crisis in the last decade. Although […]
Know how to avoid these mortgage mistakes when buying your next house. If you are looking to buy your next house, chances are you will be taking out a mortgage. Before you even start looking at potential houses, you need to figure out how much you can actually afford. When […]
New laws could slow down your mortgage loan home-buying process. From October 3rd, 2015, home buyers applying for a mortgage will receive new rate and fee quote forms from lenders. The disclosures, TILA-RESPA Integrated Disclosures (or TRID), will ease the process of understanding the rate and fees from lenders, though it will […]
Financing a home comes with expectations, responsibilities, and costs. When buying a home with financing, the process can appear overwhelming. Along with paperwork, credit reports, and meeting requirements of lenders, there is a lot to do and understand. Here are the top three points to get you started! Examine Your […]
Use these tips to get the best possible rate on your mortgage. When you first think about .5 percent, it seems like such a small number. After all, .5 percent of a pie would be barely a nibble! When it comes to your mortgage, though, these tiny changes can […]