We love investment properties. We love the fact that it can bring a steady monthly income. We love how it’s an asset that (usually) grows in value while you own it.
But investment properties will bring plenty of challenges. From…
Priming your credit before a mortgage application is easier than you might think. This article will outline 5 effective tips for to enhance your score.
While it’s not an accurate gauge for overall financial stability, a strong credit score can be useful for…
The real estate and mortgage industries are loaded with terms that many people don’t understand. Debt-to-income ratios, conventional loans, and HELOC are just a few examples of terms that are used by professionals in our industry but often misunderstood by the general…
Commercial real estate loans can improve and enhance your business.
The majority of mortgage loans are made to individuals and couples purchasing their personal residence. Most people understand these loans, or at least have a general picture for how they operate…
Do multiple credit inquiries destroy your credit?
There is a universal myth about the lending and credit industries that can have a negative impact on how you apply for mortgage loans and even how you shop for properties.
Unfortunately, many people believe that multiple…
Purchasing a home is not quite as simple as it looks on television. There are numerous fees and costs associated with the purchase, and, while most are affordable, they add up in total price.
Make sure you are prepared by…
The vast majority of mortgages use paystubs, as well as tax returns, to verify a potential borrower’s income. For nearly everyone, this creates a convenient way to get approved for a mortgage.
However, some borrowers need a different way to…
If you are self employed, or if you work on a commission-based salary, you must understand the benefits of bank statement loans. Traditional loans require paystubs and tax returns to verify income, but many professionals work in careers that make using these…
Buying a home is an important milestone for many people. Along with buying a first car, graduating college, and even getting married, people often reflect on the purchase of their first home as memorable moment.
But while it should be enjoyable,…
Closing costs are an important part of every property purchase.
There’s no way to avoid them, but you may be able to reduce the amount you pay. By understanding closings costs, including the various fees you’ll have to pay, you…
While it’s possible to secure a mortgage loan without one, using a credit score is one of the fastest and most efficient ways to complete your application. These scores are used in the vast majority of applications, and if you want to…