Your new neighborhood will be almost as important as your new home. What are homebuyers, like you, looking for in their new neighborhood?
Applying for a home loan isn’t just about appraisals and choosing the right financing program. It’s also about your lender looking at and verifying your credit profile. Did you know that any changes to your credit profile during the loan process can have negative ramifications?
A house is more than just a home… it’s a long-term financial investment. Avoiding these mistakes during the home buying process can be the difference between financial security and a mountain of debt, after you’ve saved to buy the home of your dreams.
If you didn’t buy a home in 2013, you may be kicking yourself now. Home prices climbed nationally an average of 13.6 percent in the past 12 months, according to Tuesday’s release of the Standard & Poor’s/Case-Shiller 20-city home price index.
Some time ago FICO shared basic information about how a consumer’s FICO score is calculated.
Good credit scores give you access to more than just today’s lowest mortgage rates — they give you access to today’s best loan programs, too.
Down payments are required on most loans when buying a home, and documenting the source of those funds is critical to the approval of your home loan.
It’s Valentines Day, before you hire a skywriter or horse-drawn carriage, or wow your sweetie with diamond jewelry, be sure that you know what your beloved really wants. Because, it turns out, sparkly signs of affection may be lower down the list than you thought.
When buying a home, many consumers make the mistake of confusing pre-approval with loan approval. Until you’ve been handed the keys to your new home your credit and financial profile will be scrutinized by your lender.