It’s no surprise that there’s competition in the market right now. And it’s particularly challenging to get your offer accepted to purchase a home. If you’re preapproved, using financing to buy a house and you’re having a tough time getting your offer accepted, here are a few things you can do to spruce your offer…
If you’re looking to get a good return on your money, and you’re looking at bank accounts, you might want to consider paying down your mortgage balance. Before you do, here are some things you should consider… Most bank accounts generate paltry rates of return. Those returns are not getting you any interest on your…
As we are entering into pandemic manageability, one of the things lenders are still looking for as it pertains to self-employment borrowers is positive income from your tax return… Both Fannie Mae and Freddie Mac and the FHA and the VA all want two years of tax returns. Lenders also these days request a year-to-date…
Homeowners’ associations are legal governing bodies that determine the Aesthetics of the property, uniformity, and oftentimes cover things like maintenance of the property, garbage sometimes sewer, water, and various other things. A Homeowner’s association is a legal entity what that means is that they can enforce the rules and the regulations of the association. What…
Buying your first home requires careful consideration of your cash, credit, and income. A first-time homebuyer is anyone who has not owned a house or any real estate in the last 2 years. Here’s what you need to know… The reality of it is that there aren’t any special first-time homebuyer programs out there in…
One of the challenges to purchasing a home is your credit score. Everyone knows to obtain the best financing available you need to have good credit or even better great credit. But for everybody else, if you’re quiet is questionable or middle of the road this information is for you… Traditionally, to get a…
If you’re self-employed you need to know that lenders are going to ask for a profit and loss statement year to date. Here’s what it is and why it’s needed if you’re self-employed and you’re trying to get a mortgage… If you’re trying to secure home financing whether you’re buying a house or refinancing one…
It is no surprise Covid has influenced mortgage interest rates in the last 12 months. The coronavirus and its effect on the economy in particular the financial markets have been unprecedented, to say the least. Here’s how covid changed interest rates and what you can expect going forward if you’ve been thinking about refinancing a…