Need to finance a home this year? If you had a previous short sale, pay very close attention to your credit report because it might list the home as a foreclosure. It’s important to know how this difference can prevent you from getting a new mortgage again, and how you can… read more →
Getting denied a home loan can be caused by a number of factors. Before you apply, check out with these factors may be – and what you can do to avoid rejection. No matter how you look at it, getting rejected for a home loan can hurt. With some new rules… read more →
Getting denied a home loan can be caused by a number of factors. Before you apply, check out with these factors may be – and what you can do to avoid rejection. No matter how you look at it, getting rejected for a home loan can hurt. With some new rules… read more →
Don’t Make These Mistakes! Not Pre-Checking Credit One way to increase the chance of qualifying for a home loan is for a borrower to check his credit before applying. That way, he can address any issues before they become problems for the lender.
There are many factors your lender will take into account when assessing the type and quantity of a home mortgage loan you will qualify for. Of course, your credit standing is just one such variable. Good credit has never been more important for obtaining a loan. Your broader financial picture,… read more →
If you’re in the market for a new house or condo, you may also need a loan officer to help with underwriting and securing a mortgage. We suggest talking to two or more loan officers to find one who instills confidence. There is a trade-off. Sometimes the best rate doesn’t… read more →
Death isn’t on the minds of most homeowners on closing day, because we all live forever, right? Unfortunately, no. Let’s face it: it’s really never too early to consider what happens to your mortgage should you pass away. The financial obligation of a home loan does linger after death. There’s… read more →
No one enjoys discussing life insurance, but if your family relies on your income to cover the bills, you need a life insurance policy to protect them if something should happen to you. If you’re a homeowner, life insurance is even more important. Many types of life insurance safeguard your home and protect… read more →
Don’t Make These Mistakes! Not Pre-Checking Credit One way to increase the chance of qualifying for a home loan is for a borrower to check his credit before applying. That way, he can address any issues before they become problems for the lender.
Death isn’t on the minds of most homeowners on closing day, because we all live forever, right? Unfortunately, no. Let’s face it: it’s really never too early to consider what happens to your mortgage should you pass away. The financial obligation of a home loan does linger after death. There’s… read more →