Understanding What Mortgage Lenders Look For On Your Tax Returns
. If you are like most business owners, You are probably thinking, why not reach out to my business bank and skip all the shopping around for a loan? They know me; they take my checks every week that I deposit. They will give me...
Boost Your Credit Score in 45 Days: 7 Effective Tips
Effective Tips to Improve Your Credit Score The average FICO score in the United States has increased by approximately 24 points in the past 10 years, according to recent studies. The average FICO score in 2010 was 687, while today’s average FICO score is 711....
Loan Officer vs. Real Estate Agent: Understanding the Difference
. You're finally ready to buy a house. Exciting! But as you start your journey, you might be wondering: Do I need a loan officer? Or a real estate agent? What's the difference? Do I need both? There are a lot of terms, acronyms, and...
Does Pre-Approval Hurt Your Credit Score? Uncover the Truth
. Are you considering buying a home soon? If so, it’s important to understand the role your credit score can play in the process. One of the first questions that real estate agents will ask a homebuyer when they start working together is, " Do...
Why Use a Mortgage Broker? Discover the Benefits
. Mortgage shopping can be one of the most exhausting and stressful steps that lead to home buying. While we all want to live in a home of our own that gives us perfection, peace, and comfort vibes – it's not something everyone can afford....
Navigating 2023’s Rising Interest Rates: A Guide for Home Buyers
. Rising interest rates are putting financial pressure on would-be homeowners. While home prices have begun to drop, they are still very close to their all-time high. Many people may have to reevaluate their financial plans as a result of it. When interest rates rise,...
Conventional Loans: Ultimate Guide To a Successful Application
. Is it possible to recall the first time you began thinking about owning a house? The possibilities ranged from newly renovated rooms to a stunningly lovely garden, if not everything. Moreover, you probably didn't anticipate the many hours you'd spend speaking with your lender...
Effective Strategies to Pay Off Your Mortgage in 5 to 7 Years
“When you get in debt you become a slave.” -Andrew Jackson Are you thinking about how to pay off your mortgage in 5 to 7 years? Do you plan to create a solid and full-proof plan to get rid of your mortgage debt? A debt of...
Homebuyer Edition: A Comprehensive Guide on What to Expect
The Home Buying Process: What to Expect Can you believe January 2022 is almost over? It seems like so much has changed in the last two years. Whether you are looking to get back to normal or trying to create a new normal one thing...
Comprehensive Guide to Student Loans: Everything You Need to Know
. If you are studying in the United States, the several forms of student loans may perplex you. There are several options available. How do you determine which one is the best fit for your needs? How do the repayment plans operate, and why are...