An important part of buying a house is getting your financial life in order. One reason is that the higher your credit score, the better rate you’ll secure for your mortgage. Mortgage lenders look at your credit score to determine how smart and diligent you are about managing your debt, which could indicate how disciplined […]Read More Credit Score No-Nos
If you’re buying a fixer-upper or need to make some repairs before moving in, an FHA 203k loan may be what you need. This type of loan allows you to roll renovation costs into your mortgage so that you’re only dealing with one loan instead of several. This type of financing is backed by the […]Read More What is a 203k Loan?
This real estate market has caused unbearable stress and heartache. There are people unable to keep their homes, displacing their families and creating lots of stress. Are you in this situation? If so, we are here to help! We have created a team of professionals that can assist you in turning your situation around. […]Read More Have you considered a Short Sale?
When you’re making a big purchase, like a car or a new computer, you tend to shop around for the best deal, right? While you may not realize it, you should do the same for a mortgage. After all, a home is likely the most expensive thing you will ever buy. Shopping around for a […]Read More How to Shop for a Mortgage
Scorrrrrrrre!!!!!! Celebrate a World Cup of Your Own You may not make it to the FIFA World Cup, but you can still score big by improving your FICO or Vantage credit score. There’s no way around it, if you want to buy a home with a mortgage, you’ll get a better rate with a higher […]Read More 5 Ways to Increase Your Credit Score
What’s your New Year’s resolution this year? Instead of making the same pact year after year to lose weight or eat healthy, why not make a resolution that sticks? If you’re a homeowner, consider making a commitment that can really save you money and improve your quality of life in the long run. Here are […]Read More New Year’s Resolutions for Homeowners
Last year the Federal Housing Administration made adjustments to its underwriting handbook that significantly affect potential buyers that have outstanding student loans. Changes became effective September 14, 1015. The bottom line is, “yes” you can buy a home, even with an FHA loan, but there are stricter debt-to-income ratios you’ll have to comply with and new […]Read More Can I Get An FHA Loan With Student Loan Debt?
What harm can it do by just looking? As a REALTOR, I get calls all the time from people that “just want to see a home“. When I ask them if they have been pre-approved they tell me “I will talk to a lender when I find the home I want to purchase.” I did […]Read More Why You Should Get Pre-Approved For A Mortgage
The housing market, and what it means for your home, is definitely a hot topic of late. No matter where you turn, you can catch an “expert” discussing historical growth, the housing “bubble,” or market scarcity and options for buying and selling your home. Despite other significant issues that could impact consumer spending, Doug Duncan, Fannie Mae […]Read More Being Credit Smart with Your Home
The Feds have been pretty indecisive about moving interest rates up, but the down-low is that they plan to make the move upwards in December. No matter where you are in the market, whether you’re buying or selling, or just saving up a downpayment, interest rates can inversely affect your transactions. Here are some ways […]Read More When Interest Rates Go Up