Mortgage companies use your net income from your tax returns to qualify you. The excuse my accountant won’t let me do that, or I have to pay more taxes is incongruent with … [Read More…]
FHA Loans
Why purchase price should secondary to this one thing when buying a home
Here is the number one thing you need to be concerned about when buying a house and it’s not the purchase price… For people buying a house, the prospect of the market … [Read More…]
How to spruce up your offer to buy a home
Let’s say if you are in the market to be buying a home in the current environment here some things you might want to be aware of with regards to acting on … [Read More…]
Should you buy an existing home or build a new one?
In this environment, it’s no easy feat to get your foot in the door with real estate. You really have to avenues buy a house already in existence or build a new … [Read More…]
How much money you need to purchase a home
The old adage you need 20% down to buy a home these days couldn’t be further from the truth. Contrary to popular belief, you only need a very small down payment to … [Read More…]
Why your granny unit might ding your mortgage application
People trying to refinance their mortgages to take advantage of favorable current market conditions might come to realize they have a problem with their house. A granny unit can be a wonderful … [Read More…]
Why your mortgage loan application might be delayed
With interest rates being at historical lows more and more people are applying for mortgages and nationally mortgage banks and lenders across the country are experiencing unprecedented amounts of volume, expect delays. … [Read More…]
Types of mortgages that may cost more
It’s no surprise 30-year mortgage rates today are under 3% with good credit, good equity, and good income. What you might not know is that not all loan situations are considered equal. … [Read More…]
