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The Difference Between FICO Score and Credit Score: How It Affects Your Mortgage and Rates

March 26, 2025 by Robby Oakes

When applying for a mortgage, your creditworthiness plays a significant role in determining your loan approval and interest rates. Two commonly referenced terms are FICO score and credit score, which are often used interchangeably but have distinct differences.

Filed Under: Mortgage Tagged With: Credit Score, Home Buying, Mortgage Rates

Navigating Mortgages as a Self-Employed Professional

March 25, 2025 by Robby Oakes

Securing a mortgage as a self-employed professional can be more challenging than for traditional W-2 employees, but with the right preparation and documentation, it is entirely achievable. Here’s a guide to help you navigate the process.

Filed Under: Mortgage Tagged With: Financial Planning, Homeownership, Mortgage Tips

Understanding Mortgage Payment Deferral Programs

March 20, 2025 by Robby Oakes

For homeowners facing temporary financial hardship, mortgage payment deferral programs can provide much-needed relief. These programs allow borrowers to pause or reduce their monthly mortgage payments for a specific period, helping them avoid foreclosure while stabilizing their finances.

Filed Under: Mortgage Tagged With: Home Ownership, Mortgage Assistance, Mortgage Deferral

Should You Use Home Equity to Pay for College?

January 31, 2025 by Robby Oakes

Higher education can be one of the most significant financial investments you’ll make, second only to purchasing a home. While federal loans are a common method for covering college costs, using your home’s equity is another option to consider.

Filed Under: Mortgage Tagged With: College Costs, Education Funding, Home Equity

How to Choose Which Mortgage Is The Right One for You

January 10, 2025 by Robby Oakes

When it comes to buying a home, selecting the right mortgage is one of the most important financial decisions you’ll make. The type of loan you choose will impact your monthly payments, interest rates, and overall financial stability.

Filed Under: Mortgage Tagged With: Home Loans, Mortgage Options, Mortgage Types

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