Are you about to apply for a mortgage loan in order to buy a home? If so, you may be curious about your FICO credit score and how this might affect your financing. Here’s a look at how FICO scores […]
7 things to avoid after applying for a mortgage
Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home. But before you make any big purchases, move any money around, or make any big-time life […]
Applying for a mortgage? Be prepared for these questions
When you apply for a mortgage, you expect your lender to have some questions. But the truth is, your lender is going to have a lot of questions — and if you know what to expect before you start the […]
Are mortgage myths holding you back from buying a home?
A recent survey from Fannie Mae finds that a huge percentage of Americans are overestimating what it takes to secure a mortgage — and those misconceptions about mortgage qualifications could be holding people back […]
Past Bankruptcy? You could buy a home sooner than you think
In the past 6 years, more than 5 million Americans filed for bankruptcy. And while many people believe that filing for bankruptcy causes long-term financial ruin — and will keep them from ever being able to purchase a home — […]
No… You do not need a 20% down payment to buy a house
The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still confused about what is required to qualify for a home mortgage loan in today’s housing market. According to the report, 39% […]
