What you need to know about the mortgage 4506 document when purchasing or refinancing a house When you’re taking on a mortgage to purchase or refinance a property you must provide an … [Read More…]
Be careful getting a mortgage if you have a bankruptcy
A bankruptcy can possibly be a detrimental blow to your mortgage chances if it’s not handled in the right way. Following is what you should take into consideration if you have a … [Read More…]
Here is the magic cash to payment formula to use when buying a home
Buying a house is a large financial investment. People when seeking a mortgage generally are looking to keep their payments as low as possible in relationship to their income and fixed costs. … [Read More…]
Why the VA mortgage is the best home loan
If you served in the military a VA mortgage if you can qualify supports, the maximal amount of borrowing power with the lowest possible payment. Here are some things to consider when … [Read More…]
Can you use roommate income to get a mortgage?
Refinancing or purchasing a house requires an apple supply of cash, credit and income. Here’s what you need to know with regards to getting a mortgage loan with roommate income. Generally, to … [Read More…]
Common questions on financed pmi mortgage loans
The two most common loans available in the marketplace are Conventional loans and FHA Loans. FHA Loans are insured by the Federal Housing Administration and Conventional mortgages are backed by Fannie Mae … [Read More…]
These little nuances may affect your first-time buyer mortgage options
Purchasing a house for the first time requires careful planning and consideration so you can make the right financial choice for you and your family. Here’s what you ought to consider when … [Read More…]
How much of your mortgage income should be going towards an auto loan
Buying a house can always be a daunting consuming feat. Caring consumer obligations such as car loans can further complicate a picture of that otherwise could be more financially lucrative. When you … [Read More…]
Why getting a 30 year fixed rate mortgage is a smart financial move
If you’re purchasing or refinancing a house the 30-year fixed-rate mortgage was and is currently the staple of the broader mortgage market. The 30-year mortgage has its pros and cons and here … [Read More…]
How child support and alimony can affect your ability to get a mortgage
How child support and alimony can affect your ability to get a mortgage When you apply to purchase or refinance a home the mortgage lender takes into consideration all your monthly fixed … [Read More…]
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