You’ve found the perfect property and a great mortgage loan with the best interest rate you can find. What’s next in the home buying experience? Signing the contracts and paying the closing costs. But what exactly are closing costs?
Understanding Your Credit Score And How It Impacts Your Home Ownership Prospects
Understanding your credit score and how it impacts your home ownership prospects your credit score is an important part of your financial profile. It has a direct impact on your ability to take out loans.
Getting Past No: What To Do If You’re Turned Down For A Mortgage Or Other Home Financing
With most home prices well above what the majority of us have in the bank, getting approved for a mortgage can be the deal maker or breaker when it comes to purchasing a piece of property.
Is It Best To Put Down A Large Down Payment, Or Be Agile With Your Savings?
Putting down the largest sum of money at your disposal might seem like the best way to go when it comes to your mortgage down payment.
How Will A Short Sale Affect Your Ability To Buy Another House In The Future?
If you’ve considered or experienced a short sale, one of the biggest concerns you may have is how it will impact your ability to purchase another property in the future.