Ever wonder which things can affect your credit score the most when you're applying for a mortgage loan? Here are some of the top factors that can dramatically lower anyone's score:
You're 30 days late (or more) paying a bill. You could see a... (Read More)
You want to sell your home, but you don't have a lot of money to invest in repairs and upgrades before it hits the market. You're in luck! There's a lot you can do to make your home more inviting to potential buyers that doesn't cost a fortune. Here... (Read More)
Selling a home can be tricky. You don't want to sell your home for too little and leave money on the table. But if you price your home too high, your property could languish on the market. That's where a good real estate agent comes in. They can... (Read More)
Active duty and retired military members have a great benefit when it comes to purchasing a home. They can do it with NO MONEY DOWN. Being a veteran isn't the only requirement when it comes to getting a VA loan, though. The Department of Veterans... (Read More)
Is there anything holding you back from buying a home? In the latest Housing Opportunities and Market Experience survey by the National Association of Realtors, non-homeowners were asked about the barriers preventing them from purchasing a home... (Read More)
Ready to buy your first home? Your first step is to visit a mortgage lender to see how much house you can afford. But be prepared for the paperwork that comes with it. Here are the documents you'll be asked to provide as part of the loan application... (Read More)
Think you need a huge down payment in order to buy a home? Then you're in for some good news.
The "need" for big down payments is a myth in today's lending environment. Truth is, programs offered by three federal agencies are helping borrowers... (Read More)
Congratulations! You are using your VA loan benefit to buy a home.
Once you are under contract on a home, the lender will tell you that there needs to be a VA appraisal ordered. People usually have many questions about appraisals. The following... (Read More)
Ever hear the terms REO, bank-owned, short sale or HUD home? And have you even wondered what the heck all those terms mean? Here are some definitions used to describe common types of distressed properties:
Foreclosure: This refers to the process... (Read More)