As you get ready to delve into the mortgage and homeownership process, you have likely come up with a number of questions about what impacts your ability to secure favorable terms for your mortgage — or to be approved for a mortgage at all. One of the main areas a mortgage lender will consider when […]
5 Questions To Ask A Mortgage Lender
Deciding to take out a mortgage is one of the biggest financial decisions most people will make in their lives. This means that thoroughly understanding the process and how it will impact your financial future are critical. As you shop around for a mortgage lender to acquire a home loan, do not be afraid to […]
How To Choose The Right Mortgage Lender
Whether you are considering purchasing a home for the first time or are seeking a mortgage to cover the difference between your current home’s equity and the purchase price of your new property, it is important to carefully choose the right mortgage lender. What is right for one person may not be right for the […]
Pre-Qualified vs Pre-Approved: What’s The Difference?
The process of buying a home can seem difficult, whether it is your first time or your tenth. However, first time buyers in particular may struggle to understand exactly how much house they can afford and what their first mortgage may look like. In order to better comprehend their buying ability and make wise long-term […]
How To Qualify For A Mortgage If You Are Self-Employed
Taking out a mortgage on a home is a significant financial decision, but it can seem even more daunting for those who are self-employed. Those who work at businesses of their own making already need to adjust to new ways of managing their finances, such as paying both the employer and employee portion of taxes. […]
What Is Co-Owning A House With Friends Or Relatives?
Many people aspire to become homeowners one day, but the current economic climate and their personal opportunities and finances play a big part in how soon that plan can come to fruition. One option that is worth considering is co-ownership of a home with friends or non-spousal family. This enables an individual to boost their […]
Can I Be A First Time Home Buyer If My Spouse Is Not?
If you are considering the purchase of a new home, you are likely looking for as many ways to save money on the endeavor as possible. One of the most popular methods of cutting the cost of a home purchase is to apply for first time home buyer benefits. However, understanding whether you qualify — […]
5 Questions to Ask Before Taking Out a Home Loan
If you are considering the purchase of a home, especially if it is your first, you may not be entirely sure what all of the fine print in your mortgage means. The process of signing all the home loan paperwork means that you will be jotting down your name dozens or even hundreds of times, […]
First Time Home Buyer Tips For 2021
If you are considering purchasing a home in 2021, there are some important things to evaluate before you begin the process. By staying informed and approaching the home buying journey equipped with knowledge, you can put yourself ahead of other home buyers and ensure that you make a wise purchase. Consider these tips for first […]
