Tag: Mortgage

Posted on 09/29/2024
The Reality Behind Your Biggest Homebuying Fears
Buying a house can be a source of tremendous stress for many. It’s extremely common to feel overwhelmed and nervous about specific aspects of the process. Luckily, there are some answers to the scariest questions to help ease your mind. Here are some of the biggest homebuying fears and what to do about them: “What if I don’t...
Buyers Remorse
Down Payment
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Posted on 07/12/2020
How Credit can Impact Your Mortgage Payments
Image by Tierra Mallorca from Unsplash One of the most important things to check once you decide to start the home-buying process is your credit score. The three major credit bureaus keep track of how you pay for your credit and how much credit you have. Your score fluctuates, sometimes daily, depending on how much you owe and...
Credit Score
Mortgage
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Posted on 05/10/2020
Financing Your Mortgage through a Credit Union
Image by annca from Pixabay You’ve finally found the perfect home. It’s got the number of bedrooms you wanted, a spacious kitchen, updated bathrooms, and even a beautiful vegetable garden out back. Now comes the tricky part—how to pay for it. Numerous home buyers find financing their mortgages through a credit union to be a good option. According...
Financing
Mortgage
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Posted on 03/22/2020
When Should You Submit a Mortgage Application?
If you plan to pursue a home in the near future, there is no need to wait to get a mortgage. Because if you enter the housing market with a mortgage in hand, you'll know exactly how much you can spend to acquire your dream house. As a result, you'll be able to map out your home search based...
Buying A Home
Mortgage
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Posted on 12/01/2019
What's a Seller-Financed Mortgage and Should I Consider One?
Photo by Charles Thompson via Pixabay A vast majority of homebuying transactions rely on the buyer qualifying for a mortgage through a bank. After all, most people don't have enough cash lying around to buy a home outright. Nowadays, you have more options with different types of lenders and alternative financing companies where you can seek pre-approval online....
Mortgage
Mortgage
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Posted on 11/10/2019
What You Need to Know About Employment Verification and Mortgages
Applying for a mortgage is a big step towards homeownership and financial independence. If it’s your first time buying a home, you might be curious (and a little intimidated) about all of the things that go into your mortgage application. When reviewing your application, mortgage lenders are trying to determine how risky it is to lend you money. If...
Employment
Mortgage
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Posted on 11/03/2019
Mortgage Pre-Qualification Versus Pre-Approval
Securing mortgage pre-qualification and pre-approval are two crucial steps which assure lenders that you will be able to afford payments. Pre-qualification and pre-approval are quite different, but they do share numerous benefits. As you get ready to finance a new home, you have probably come across mortgage pre-approval, mortgage pre-qualification, or even both of them. So what does...
Mortgage
Preapproved
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Posted on 06/02/2019
Pay Off Debt to Afford a Mortgage
The cost to attend university continues to rise, putting pressure on students to afford an education. While some universities assist their students, many raise their prices to contend with operating costs. As a result, students leave school with mounds of debt that impede their quality of life. Paying off student loans starts by laying the appropriate groundwork, which...
Down Payment
Loans
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