If you are tired of the apartment life and are ready to buy a home right out of college, you have your work cut out for you. Buying a home is a great investment, but it also requires a lot of due diligence on your part.Looking for Current Mortgage Interest Rates? Click Here.Not only do you Read more
Why Buying a Home Can be a Smart Investment for Young Couples
Young couples often think it’s better to rent. They figure they need more time to save for a down payment. Some couples just don’t want to settle into one place just yet, thinking that they will figure out where they want to settle in the future.Looking for Current Mortgage Interest Rates? Click Read more
The Importance of Seasoning Your Assets
When you apply for a mortgage, lenders ask you a lot of questions not only about your credit and income, but your assets too. Basically, they want to know that any money you use for the loan is your money. Typically, this means money from income you made. But in some cases, it can also mean gift Read more
Do Quality Schools Raise Home Values?
If you are like most families, you choose your new home’s location based on the quality of the schools. Even couples that don’t have children yet put emphasis on the quality of the schools. It makes sense, though, as your home value does depend on the quality of the school districts in the Read more
What is the FHA Self-Sufficiency Test?
If you plan to buy a 3 to 4--unit property and will use FHA financing to buy it, you’ll have to pass the FHA Self-Sufficiency test. Understanding the test and how it will affect your chances of loan approval can help you prepare the most.Compare Offers from Several Mortgage Lenders. The Basics Read more
