During the underwriting process, your mortgage company will be examining your finances quite closely to ensure you’re a solid loan candidate. Because of this, it’s important that nothing you do makes your mortgage company question your ability to pay them back. To show them you’re nothing short of their dream loan candidate, here’s a list of things you should avoid doing during the underwriting process.
If you’re renting a home or an apartment, the time will likely come when you want to upgrade. Whether you’re looking to settle down with your significant other or you’re itching to invest in more than just your monthly rent check, the time may come when you’re ready to switch hats from renter to homeowner. But how do you know if you’re ready, financially?
If you’re looking to get a mortgage without your spouse, or if you’re just wondering why in the world someone would do this, I’ve got a few answers. Here’s what you should know about buying a house with only one spouse on the loan.
I’m in the process of buying a home right now, and lucky for me (and all the other home buyers out there), there’s a great new tool to help you find the place that’s right for you: My Perfect Home powered by Home Scouting. Read on to find out more about this powerful tool and how it could help you.
Is it still a good time to refinance your mortgage? Or is the refi boom over and done with? Here’s the truth about refinancing in today’s market.
If you’ve been saving up for a beach town home, it’s time to make this dream a reality! The housing market is hot and interest rates are still historically low, so finding that perfect beach town home could be right around the corner. Check out a few destinations with high foreclosure rates where you could find a home that’s in your budget!
A new phenomenon is affecting the mortgage and real estate industries. People who bought a home or refinanced in the last few years have such a ridiculously low mortgage rate that they don’t want to move and have to accept a new mortgage with a higher rate. But the reality is that these people might be making a costly mistake.
I’ve never liked midcentury modern, or “Googie” architecture – until just recently. Even if you don’t know the terminology, you’d know what it was if you saw it: buildings and homes that look like they’re straight out of a 1950s sci-fi movie. Because I’ve suddenly fallen in love with these futurist homes, I wanted to share a primer of some of the coolest space-age homes for people who aren’t sure if this style is for them.
Are you about to start your move? Make sure you’re prepared so your move goes off without a hitch. Check out our timetable and tips to help you pull off a stress-free move.
If you’re thinking about buying a home but you have outstanding student loan debt, you’re far from alone – you’re riding in the same boat with 37 million Americans. Quicken Loans Operations Director Lindsay Villasenor said about half of the applicants she sees have some sort of student loan debt on their credit report. If you have student loan debt, it doesn’t mean a mortgage is out of reach.