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 or have had some income challenges in your business or due to Covid- 19 for example here are some things to be aware of as it pertains to refinancing…
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 process and these requests for paperwork in the process can sometimes, for someone that doesn’t have familiarity with the mortgage process make it…
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…
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…
There’s so much financial misinformation online it’s inundating. Here are some things the experts say as it relates to housing and mortgages for you to consider when trying to get financially ahead… You have to put down 20% to purchase a house The reality is nothing could be further from the truth. They say this…
One of the best things you can do to proactively position you and your family to buy a home is to borrow money from your 401K after all, it’s your money. If you’re thinking about pulling money from retirement to buy a home here’s what you need to know and the 2 types of accounts…
One of the most important things consumers have to deal with when securing mortgage loan financing besides having a good credit score and a good down payment is having income to actually offset the proposed liability i.e, a mortgage payment. Income is single-handedly the most important thing because it drives affordability. Lenders and banks know…
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 a house that’s affordable and within your budget… You have found the family home that you could afford and it is priced at…