Qualifying for a mortgage involves: an acceptable credit score, sufficient assets and stable income. These are to show … [Read More...]
Tips & Advice
How to remove private mortgage insurance
There is too much information circling around the internet, about how to remove mortgage insurance from your monthly … [Read More...]
Today’s Latest
Tax return losses may hurt your mortgage chances
Qualifying for a mortgage involves: an acceptable credit score, sufficient assets and stable income. These are to show you can support a mortgage payment, plus other liabilities. You must … [Read More...]
How to remove private mortgage insurance
There is too much information circling around the internet, about how to remove mortgage insurance from your monthly mortgage payment. Unfortunately, it is not as simple as having 20% home … [Read More...]
Here is the lowest credit score you need to get a mortgage
Contrary to what you may hear or read, your credit does not have to be stellar to get a mortgage. Most banks and lenders require at least a 640 credit score. However, not all lenders are … [Read More...]
Why an FHA loan may be a suitable choice
FHA loans have gotten a bad rap in the last few years. Here is the Granddaddy Truth about FHA loans, you should really consider if you are looking for mortgage options! FHA loans are … [Read More...]
Why you cannot opt out of title insurance when getting a mortgage
If you are like most consumers, you want to have a clear understanding of the fees associated with a mortgage. The closing process, lender fees, title fees, etc. This is so you know exactly … [Read More...]
Strange things that will stop your mortgage application
If you are trying to get a mortgage, or have tried in the past, you know the process is detailed and very paperwork heavy. The following is what you should know and stay clear … [Read More...]
Expectations home buyers should have in today’s mortgage environment
Getting a mortgage is every bit as arduous as you might think. The paperwork can be technical and complex. Here is what you should expect if you plan to buy a home in 2017 or beyond. The … [Read More...]
Why there are no “Maybe Loans” in today’s lending world
Are you trying to qualify for mortgage financing? Giving a “scenario” to a lender without actually providing thorough financials and pulling credit is a recipe for disappointment. Here is … [Read More...]
Going backwards trying to save for a home?
Do you need help saving to buy a house? What you think you need and what you actually need may not be the same. Here is what you should know when saving for a home. In order to … [Read More...]
Is a 50 year mortgage a good move?
Are you looking to afford a mortgage? A 50 year mortgage may be an option, but here are some things to consider when looking at a long mortgage term. These loans are not bought and sold … [Read More...]
Self-Employed? It just got easier to get a mortgage
Are you looking to purchase a home? Are you self-employed? The rules to make this happen just got easier. Freddie Mac has recently announced upcoming changes on how vendors can use your … [Read More...]
This common mistake will kill your mortgage
Are you buying a home? This common mortgage mistake can end up creating more unnecessary challenges for you during the underwriting process. Here are the things you should look out … [Read More...]
How to write a killer letter to get your purchase offer accepted
Buying a home in a competitive market means you need to have all of your ducks in a row. You can be successful in this by putting your best foot forward before the starting gate. One way to … [Read More...]
The equity percentage you need for a big mortgage is less than you think
Most people will tell you that you must have excellent credit and a big down payment to secure a larger mortgage. The reality is that while having a big chunk of cash to put down on a house … [Read More...]
How much the debt in your life is costing you
Your ability to save money can become compromised by the financial obligations you are paying in your life. If you have a mortgage and consumer debts, this article will help you determine: … [Read More...]
