If you served in the United States military, you deserve to access all the benefits you have earned, including affordable VA loans. But securing a VA loan can become complex. As you may have already learned, there is a lot...
We all need a little help sometimes. When it comes to mortgage qualification, this help can often come in the form of a financial gift. Giving gifts money from a donor's business is fairly typical, but sometimes a person wants...
It’s a problem that many new retirees experience. You just celebrated one of the most important accomplishments of your life, you have great credit, and excellent assets; you should be a top-notch candidate for a mortgage loan. But because...
According to data from the Pew Research Center, 37% of American adults ages 18 to 29 have student loan debt. Even between the ages of 30 and 44, almost a quarter of the country has student loans. For all...
When someone can’t qualify for a loan, they often consider using a cosigner. Whether it’s a mother, father, sibling, or helpful friend, a cosigner can help potential borrowers secure the loan they need for a vehicle or for a...
When you hear the term “capital gains tax,” you probably think of Wall Street investors and large stock portfolios. You probably don’t think about your modest four-bedroom house in the suburbs. But capital gains taxes can be applied to...
Lenders need to know how much money you make, but they also want to know how long your income will last, which is sometimes referred to as income stability or income continuance. Sounds simple, but it can become surprisingly complicated,...
Upcoming retirees have a lot to think about. Will their money last through the next three to four decades? Will they find ways to stay both mentally and physically healthy? What European vacation do they want to do first?...
Avoiding FHA mortgage insurance can be tough, but it’s not impossible. When you apply for your first mortgage loan, you might be surprised to see all the additional fees and expenses. Suddenly the number you expected, the one you...
Because of the effects on your debt-to-income ratio, it can be tough to get a mortgage loan when you owe money to the IRS can be difficult. When lenders look at your profile, they will consider many different factors, including...