Home Buying Advice
A Quicker Closing On Your Home Loan
Closing on a purchase mortgage usually takes a whole lot of patience that requires several days of waiting, however, there are a few tips to consider that may help you get a quicker closing on your home purchase. Many current homeowners are aware of the many days required for a mortgage loan to close. There […]
Sorting Out Short Sale And Foreclosure Real Estate Deals
Purchasing an existing home with motivated sellers is much simpler than looking for those deep discounts with short sales and foreclosures. Financing these special real estate cases, including new construction, takes some patience and consideration of extra paperwork. The loan approval process is slightly different, making it critical to follow the deadlines and paper trail […]
Buying A Home With The Right Real Estate Agent
There’s an entire technical world behind real estate transactions, including the type of agent you hire. Nine out of 10 buyers hire agents to represent them, according to the National Association of Realtors. However, you need to know what your favorite agent specializes in. From being an exclusive to dual agent, you want your buying […]
Quick Mortgage 101
With several mortgage programs to choose from, this can be a difficult task at hand for anyone who isn’t too familiar with the difference between each one. Varying from government endorsed programs to conventional, you will find that one of the two types is best suitable for you or what you may only be able […]
The Process of Buying a Home
Purchasing a home for anyone, whether it be a first-time homebuyer or second home investor can be a long and stressful experience. There are several steps to take and many things to consider before jumping in with an offer to purchase. Every home buying experience is different and may have different requirements involved. You may […]
Credit Clean-Up Tips to Help Obtain Mortgage Approval
As result of a stark increase in mortgage interest rates and fees, it has become essential to have the highest credit score possible when applying for financing. Any score below 740 (as set forth by Fannie Mae guidelines) carries far greater risk, and prospective borrowers will pay higher interest rates and fees. With a credit […]
Infographics – Searching For The Right Home
When looking to buy a home, it is essential that a borrower consider taking the top five steps: 1) Pre-approval – Find out how much you would qualify for. 2) Create a check-list – Go over on a check-list your wants and needs within a home. 3) Search for property – Find a real estate […]
Infographic – Finding To Buying
Finding the perfect home usually takes time and rarely is it an easy task. However there are a few things you can do to help you learn more about the area in which the home you are interested in is located. Asking neighbors and other locals about the area can be one thing you can […]
Infographic – How To Buy A Home
Deciding which option is right for you depends largely on the amount of time you plan to live in the house. For many, a home is not only the largest and most important purchase of a lifetime, it can also signal the fulfillment of a lifelong dream.
Infographic – Mortgages and Credit
If you want a mortgage, you’re going to need a credit score. Credit scores range from 300-850, and the higher your score, ther better. Conventional home loans usually require for you to have a minimum score of 680, the typically requires 580, and VA requires a minimum 620.
Infographic – Do I Qualify For A Mortgage Loan?
If you are having a hard time qualifying for a mortgage loan, there are a few things you can do that will increase your chance of approval. You can either wait and work on fixing your credit by paying down existing debt and start saving on your down payment, or you can find a cosigner […]
