What Factors Are Looked At When Applying For A Mortgage?
Before you shop for your new home, prepare to qualify for a mortgage loan. Preparing will help eliminate confusion while ensuring that the process goes as smoothly as possible.
These are six factors reviewed during mortgage approval process.
How to Compete with an All-Cash Home Purchase Offer
The housing market goes through shifts, and currently, we are in what is commonly known as a “seller’s market” – that is, a market in which there are more buyers than there are homes for sale. As a result, competition between buyers will increase, and you may even...
Qualifying for a Mortgage on Part-Time Income?
Today, it's more common than ever for individuals to make a living by working one or more part-time jobs instead of a traditional 9-to-5, 40-hour-a-week job. The assumption is that most people that choose part-time over full-time are either retired individuals or college students....
7 Ways to Come Up With a Down-Payment for a House
Is the lack of down payment holding you back from purchasing a home? It doesn’t have to! Coming up with a down payment is faster and easier than you think.
Here are the top 7 ways to come up with a down-payment for a house:
Borrow Funds From Parents
Asking parents for help to purchase...
Understanding Your Home Appraisal
Home appraisals can be confusing. The homeowner may feel that their home is worth a certain dollar amount, only to be disappointed that it appraises at another value. Although the disappointment is understandable, know that appraisals are not a just "opinion," but rather based on...