You don’t have to make a six-figure-a-year income to become a homeowner. There are many ways for people with all budget sizes to secure a home loan without having to get a second job or feel obligated to pinch pennies every month. If you are looking into a low-income home loan, you should consider programs...
Mortgages are one of the most important financial decisions that people make in their lives. A mortgage is a loan that is taken out to purchase a property and it is usually the largest loan that a person will take out in their lifetime. For many people, their home is the most valuable asset they...
Mortgage credit certificates (MCCs) help low-income borrowers afford homes. This is done by converting a portion of interest into a non-refundable tax credit.
Having a great credit score will provide you with better mortgage options, but what happens after you acquire a mortgage? How does a mortgage affect your credit score?
For those who haven’t experienced these kinds of issues before, let’s get back to basics. Here are seven tips for how to ease the journey of restructuring loans during difficult times.
If you’re planning to purchase a home, it’s recommended that you get a pre-approval first. A pre-approval is a backing from a lender that proves you are qualified to borrow X amount of money at a specified interest rate.
Perhaps the most important individual in the mortgage process is the loan originator. But what exactly does a loan originator actually do? And how do you know you’re working with a good one?
You've finally closed on your mortgage. Congratulations! Hopefully the process wasn't too stressful. But the journey doesn't necessarily stop here. There are few things you should know about post closing.
Refinancing isn’t for everyone. But it can be beneficial. So it's important to know the facts. That way you can make an informed decision if refinancing is right for you.
You’ll probably never meet them, but the underwriter might be the most important person in the home loan process. But what exactly do they do?