In order to save up a huge amount of cash for the down payment on your first mortgage, you need a solid savings plan!
When you take out a mortgage on your new home as a first time homebuyer, the more you can pay as a down payment the better.
News, Updates, & Resources
Flaws You Cannot Hide By Staging Your Home
When you sell your home, you want it look as good as possible. To do this, your real estate agent will help you stage your home or, if needed, help you find a professional to stage your home.
How A Mortgage Pre-Approval Can Help You Get A Better Deal On Your Home Purchase
Oftentimes, when you are searching for a new home, it may seem obtaining a pre-approval for your mortgage loan is a waste of time and energy.
What To Consider When Buying A Fixer-Upper
In your imagination it seems like a great idea â you purchase an older run-down property and you have the chance to fix it up and turn it into the home of your dreams.
What Are The Requirements To Sell A Home Using An FHA Loan?
Before an owner can market a property to buyers that want to use a FHA loan, he will want to familiarize himself with the FHA’s standards. FHA won’t insure loans on just any property.
While their standards aren’t as stringent as they used to be, a home needs to be in relatively good condition to qualify for FHA financing.
What Is A Mortgage Pre-Qualification?
A mortgage pre-qualification is an initial estimate of what type of mortgage a borrower could get. It is limited, though, because it’s only based on what the borrower tells the lender, which might not be the same as what the lender finds out when it goes through a full process of analyzing the borrower and his credit.
Legal Secrets For Homeowners
Being a homeowner is exciting. It can be financially rewarding, too. Unfortunately, it can also put you in a tough legal position.
Don’t Make These Mistakes When You Want To Get A Home Loan
Getting a home loan can be a challenging process, and a finicky one. Qualifying can be challenging and once a buyer gets approved, it can be surprisingly easy to derail the process.
How Do Mortgage Lenders Decide How Much You Can Borrow?
When you visit your lender to get a mortgage for your home, they will tell you the maximum amount that you are allowed to borrow. But how do they reach this total and what factors do they take into consideration?