When you apply for a home mortgage, lenders will check your credit score, income, assets, and debt. All of this will get factored into an algorithm to figure out if you are credit-worthy enough to be granted a loan. Most of the standards used by lenders a
Feb 02, 2022 | Purchasing a Home
You finally saved up enough for a down payment and you can almost taste being a homeowner, but then you hear about closing costs. Coming up with a few extra thousand dollars sounds impossible. Before you give up on the dream of buying a home, here are a f
Jan 26, 2022 | Purchasing a Home
If you are hoping to buy a home in this climate, your first move should be to get a pre-approval letter from a mortgage lender. No buyer will take your offer seriously without accompanying proof of mortgage backing. Here are five questions to ask yourself
Jan 24, 2022 |
Buying a home for the first time is often exciting, scary, and overwhelming all at the same time. When you’re ready to move on from your starter home, you will be familiar with the home buying process, but there are still a few things you might want to co
Jan 21, 2022 | Purchasing a Home
Roughly 9% of all U.S. homebuyers in 2020 were unmarried couples. If you and your partner are considering a house purchase before tying the knot, there are some important questions you should ask yourself to see if it makes sense.How does the law see our
Jan 19, 2022 | Purchasing a Home
Mortgage interest rates have been near record lows for the past several years. At the same time property values have jumped dramatically, giving homeowners plenty of equity. Those two factors combine to make right now an excellent time to get a cash-out r
Jan 12, 2022 | Refinancing a Home