You just went into a contract to buy a home, and now it’s time to get a mortgage loan to close escrow. If you decide to ask your local credit union or … [Read More…]
mortgage comparison shopping
Why hourly wage earners sometimes have a hard time getting a home loan
You’re all excited to purchase your first home, you have a good job, you have a good down payment, and you’ve got a good credit score. What could go wrong, right? Here’s … [Read More…]
When you’re applying for a home loan, make sure you tell your lender everything
If you’re thinking about getting prequalified to buy a home, maybe you have some issues with your credit history in the past, or maybe you cosigned for someone else’s property. These are … [Read More…]
Why Silicon Valley Bank failed and why it’s good news for mortgage rates going forward
The recent failure of Silicon Valley Bank points to a broader issue that banks particularly depository institutions face as relates to their financial stability. Here is how this benefits your finances when … [Read More…]
What’s the magic interest rate to refinance your mortgage?
For consumers who purchased their homes or took out any kind of residential mortgage loan in 2022 the future prospect of refinancing can seem very attractive. Here are some things you might … [Read More…]
Are you self-employed and having a tough time getting a mortgage?
Are you self-employed and having a tough time getting a mortgage? Here’s what you need to know… When it comes to being self-employed one of the biggest challenges that you’re going to … [Read More…]
How assumable mortgage loans work
If you’ve been thinking about buying a home and have been discouraged about interest rates you might be able to assume the seller’s mortgage. Think it’s too good to be true? It’s … [Read More…]
How a future recession may impact your plan to buy a home
If you’ve been thinking about purchasing a home and you’ve been on the fence because of economic conditions. The following information could assist you in helping to determine when and/or if you … [Read More…]
