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 … [Read More…]
banks and credit unions
Should you improve your credit or buy a house now?
One of the challenges to purchasing a home is your credit score. Everyone knows in order to obtain the best financing available you need to have good credit or even better great … [Read More…]
How your profit and loss statement may affect your mortgage application
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 … [Read More…]
How out of pocket costs relate to mortgage refinancing
With interest rates at historical lows, many families across the country would stand to benefit from turning in their high-cost mortgage in exchange for getting something far more affordable with today’s rates. … [Read More…]
New loan limits for 2020 makes getting a mortgage easier
The Federal Housing Finance Agency which oversees loans bought by Fannie Mae and Freddie Mac announced to change to the conforming loan limit last week. Here’s what the change means for you… … [Read More…]
How to plan optimal the time to buy a rental property
Buying a rental property may or may not help you qualify for financing. Here’s what you need to know to get the most amount of bang for your buck in when buying … [Read More…]
What you need to know when buying a condo
Condo units are easier on the pocketbook than single-family residences. Condos offer home ownership at a fraction of the cost but like all real estate comes with different nuances. Here’s what you … [Read More…]
10 tried and true ways you could hurt your home loan
Getting a mortgage is not an effortless process, it is just not. The loan process today is an extremely compliant and very bureaucratic process that requires proof of one’s ability to repay … [Read More…]
