Spouse with Bad Credit? 3 Reasons You’ll Want to Consider a Co-signer

Spouse with Bad Credit? 3 Reasons You'll Want to Consider a Co-signer

Obtaining a mortgage can be quite a complicated process even without the financial hurdles, but if your spouse’s credit has experienced a number of difficulties, acquiring a mortgage can be even more of a burden. If you’re concerned about what bad credit will mean for your mortgage and are weighing your options, here are some … Continued

Understanding the Factors That Impact Your Credit Score

Understanding the Factors That Impact Your Credit Score

Most consumers believe if they pay their bills on time, they need not worry about their credit score. Oftentimes, it is a rude awakening when they apply for a mortgage loan, car loan, or any revolving credit to learn they are not going to get the lowest rates available. This is because paying bills on … Continued

Surprising Things That Can Derail A Closing

Surprising Things That Can Derail A Closing

Once you and the seller have negotiated an offer and you’ve been pre-approved for a mortgage, you might think that you are definitely in the clear as far as closing goes. However, that is not always the case. Many surprising things can put a halt to closing. Some may ultimately stop the closing while others … Continued

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