When you apply for a mortgage, one of the first things the lender will do is check your credit score. Your credit score is essentially your financial reputation. Lenders use your credit score to gauge how likely you are to repay the loan. Read More
Buying a new home can be a perplexing task in today’s market, even to veteran home owners. Volatile conditions in the housing market and frequent changes to mortgage rules and regulations can make important decisions really difficult to make. Read More
Your realtor may encourage you to get a mortgage pre-approval. But do you really need one? Read More
Your home is likely the biggest purchase you will ever make. In fact, it’s so big that you will probably need a loan to make it happen. A mortgage is a huge commitment in terms of money, and by the time you repay your loan, the interest charges that come with it will make your home purchase even more expensive. Read More
January of 2014 saw the Consumer Financial Protection Bureau (CFPB for short) introduce a host new rules and guidelines for real estate mortgages. For the most part, these ‘new’ rules and guidelines have already been around for awhile. The financial industry suffered a crushing blow from the 2008 Financial Crisis and has been extensively regulated every since. Read More
