Pre-qualification and pre-approval are letters that show that a buyer is ready to purchase a home. Both of these letters empower home buyers to go out and look at homes in person with a real estate agent. Here’s the difference between the two. Understanding...
There is a broad range of options to choose from when taking out a mortgage. One option that you should strongly consider is a fixed-rate mortgage loan. A fixed-rate mortgage loan is a long-term loan that allows homeowners to lock in their interest rate for the life...
You undoubtedly have a vision of what your first house will look like: a city apartment, a beautiful cottage, or a rustic cabin. But can you say the same thing about your mortgage? When it comes to financing your house, you have several options based on your income,...
The process of buying a home can be complex, so much so that new buyers may be too confused or daunted by the process to do it properly or even try at all. Fortunately, many concerns that may arise from such can be answered by asking the professionals a couple of...
Buying your first home can surely be an exciting moment and achievement for you, but we can bet that the same experience will come with your second, third, and even fourth home. However, what you must realize is that buying another home isn’t quite exactly the...
Having poor credit hinders you from numerous opportunities, such as getting loans and applying for mortgages. While average consumer credit ratings are improving, this may not be the case for everyone. Here are several reasons why your credit score may have plummeted...
