You have been saving to buy a home for a while and you are curious to see what’s out there. A quick internet search turns up a few intriguing properties. You start dreaming of what your life would could be like in those homes. Before you run out and
May 15, 2019 | Purchasing a Home Preapproval Pre-qualification
If you have a fixed-rate home mortgage, you pay the exact same amount each month. But did you know that the amount of principal you pay toward the balance of your loan changes from month to month? This is called amortization and it is a method of distribu
May 08, 2019 | Credit Interest Rates
Your credit score is an essential factor in determining much about any mortgage loan you receive. A credit score is a measure of your trustworthiness as a borrower. It pays to know as much about your credit score as possible before applying for home loan
May 01, 2019 | Credit
While it is possible to get into homeownership with little upfront investment, there can be many benefits to building up equity in a property. Mortgage equity is the value of the homeowner’s stake in a home. It is basically how much the home is wort
Apr 24, 2019 | Home Equity
In today’s mortgage market there are a lot of products, which means more choice for you. Depending on your background and the location of the property, you may be able to put down 0%, and you can always put down 100% if you have the cash.
Apr 23, 2019 | minimum mortgage down payment, FHA loan down payme
When you are ready to apply for a mortgage loan, your lender will ask you for all sorts of financial information. One of the things lenders do with this data is to calculate your debt-to-income (DTI) ratio. A DTI ratio is one of the most basic methods len
Apr 17, 2019 | Credit Fixed Rate Mortgages Conventional Loans Preapproval