The good news is, you don’t have to have perfect credit to qualify for a home loan. There are many common misconceptions that surround the mortgage lending process. There is more involved with qualifying for a home loan than just your credit score, although that is certainly one of the considerations. Whether you are a… Read More
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Determining why to refinance is not near as complicated as deciding if the time is right. Acting on this decision at the wrong time could result in literally losing thousands of dollars in accumulated savings.… Read More
There are many choices available when shopping for a mortgage loan, and the average first time home-buyer could easily become overwhelmed. It’s important to understand the differences between the two types of mortgage loans: Conventional and FHA (Federal Housing Authority), with four different factors to consider on either type of loan.… Read More
An extra precaution many of us take is getting our credit score to qualify for a more desired interest rate. Much like a sale price, the interest plays just as big of a role in the cost of your newly discovered house. An interest rate is a fee that you pay your bank, and the… Read More
What this means is that fees and extra interest costs are avoidable, affordable payments are doable, and you can protect your credit score. If you are struggling to find a job or keep up with your school loans, there’s important information to learn from this article.… Read More
It only takes one major financial setback or life-altering event to trigger a mortgage payment problem, even if you’ve proven you’re capable of being responsible with money. Some examples of this is, you or your spouse losing a job, divorce, or a debilitating illness that limits the number of hours you are able to work.… Read More
