One of the most misunderstood things in the areas of mortgage finance is cosigning. What it means, what it does for the loan, and what it does to your financial future. It’s … [Read More…]
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You can now cash out refinance 100% known to value with VA financing
For borrowers who are military veterans, the change to VA loans that recently has taken place can be immensely beneficial. If you have a VA mortgage on your house, and if you’re … [Read More…]
The complete guide to getting a mortgage when your self-employed
It’s no surprise if you’re self-employed and you’re trying to secure mortgage financing you potentially have a difficult time getting your loan approve. Let alone getting your loan to close at all. … [Read More…]
What’s going to happen with interest rates in 2022
One of the big questions on the minds of consumers looking to purchase or refinance a home is what’s going to happen with interest rates in 2022. Interest rates, while they remain … [Read More…]
How changing your preapproved amount may affect your home buying chances
So, you’re looking to purchase a house, you’re preapproved, and you’re on the home search. You and your realtor are going out on nights and weekends looking at homes and deciding if … [Read More…]
3 creative ways to come up with a down payment
Purchasing a house is no easy feat. One of the major elements you need to have in order to purchase a house is to have a good down payment. This will afford … [Read More…]
How to purchase a house with a partial down payment
How do you buy a house with not quite enough money? Contrary to popular belief you can buy a house even if you don’t have enough money to do it. It’s a … [Read More…]
2022 conventional, FHA, VA, loan limits now rise
If you’ve been on the sidelines for residential financing, or you’re thinking about doing a loan, and you’ve had some difficulty as it relates to borrowing money for home mortgage financing. The … [Read More…]
You can refinance with up to 65% debt to income ratio
For many people looking to save money. Refinancing can prove to be a very financially beneficial outlet. If you’ve tried to qualify for a mortgage before in the past or have had … [Read More…]
The new credit score you need to get a mortgage
It was recently announced there’s a credit score change to conventional loans. This credit score change is now shaping the way families can procure a mortgage. If your credit score needs a … [Read More…]
3 things to know that make your mortgage difficult
Most people understand that getting mortgage financing is not the most fun thing in the world to do. There’s an examination that takes place which is these requests for paperwork on the … [Read More…]
Signs you’re not ready to buy a house
Everyone wants to purchase a house and buying home is considered the American dream. However, not everyone is ready to buy a house and here are some things you might want to … [Read More…]
What may happen with interest rates in 2023
With an unknown future, and the broader economy still recovering from the pandemic. What’s to happen with interest rates? Well, it’s. Well interest rates typically improve on bad economic news. If you … [Read More…]
Don’t be an “I don’t want to waste your time” mortgage consumer
Mortgage companies must look at the overall picture in helping you qualify to purchase or refinance a home. If you think you might not qualify or there’s something in your financial picture, … [Read More…]
Why these 2 factors drive housing prices above all else
People are astonished on how housing prices are so strong right now. These 2 Housing factors are playing a very important role in the housing market. More importantly in one’s ability to … [Read More…]
