Understanding Your Debt To Income Ratio

Understanding Your Debt To Income Ratio

When you are filling out a mortgage application, the lender will be asking you for specific financial information. One of the reasons they ask for this information is to enable the underwriter to calculate your debt to income ratio. This ratio is what most mortgage lenders use to determine the level of risk they are … Continued

The Benefits of Using a Veterans (VA) Loan To Purchase Your Home

U.S. military veterans have opportunities to enjoy some richly-deserved benefits in other aspects of their lives, including some special options for financing their homes. VA loans may give active military personnel, retired veterans, and sometimes surviving family members of veterans the ability to purchase homes that might not prove available to them through more conventional mortgage loans.

U.S. military veterans have opportunities to enjoy some richly-deserved benefits in other aspects of their lives, including some special options for financing their homes. VA loans may give active military personnel, retired veterans, and sometimes surviving family members of veterans the ability to purchase homes that might not prove available to them through more conventional mortgage loans. … Continued

How to Save for a Down Payment on Real Estate

How to Save for a Down Payment on Real Estate

If you are planning to invest in real estate, it’s always wise to make as much of a down payment as you can. The more money you can deliver up front, the smaller your mortgage will be. With a smaller mortgage, you will pay less interest over the years, which will save you money in … Continued

Single and Considering a New Home? Let’s Talk Mortgage

Single and Considering a New Home? Let's Talk Mortgage

Have you decided that it is time to move on from renting? If you are single and living alone, you may be wondering whether or not homeownership is right for you. Let’s have a look at a few key factors that you will need to be aware of when taking out a mortgage as a … Continued

Buying a New Home? 4 Key Questions to Ask Your Mortgage Advisor

Buying a New Home? 4 Key Questions to Ask Your Mortgage Advisor

Are you in the market for a new home? If you are planning on borrowing some or most of the home’s purchase price, you’ll want to prepare yourself for the mortgage process. Let’s take a look at four key questions that you will want to ask your mortgage professional when you first meet to discuss … Continued