Buying a new home is exciting, but it comes with a fair share of paperwork, especially when applying for a mortgage. One crucial component lenders will analyze is your proof of income. Let’s take a look at what proof of income involves, document examples, and where to find them.
Choosing the Right Mortgage Term
You’re about to start on an exciting journey toward homeownership. But before you dive headfirst into the world of real estate financing, there’s an important decision you’ll need to make which is choosing the right mortgage term.
Managing the Construction Loan Budget
Embarking on a construction project entails countless challenges, and managing the associated budget is a crucial task. A well-planned and meticulously monitored budget ensures the project’s success without financial hiccups. Here’s a comprehensive guide on effectively managing a construction loan budget.
Loan Servicing Companies
What happens when you suddenly get a notice to pay your mortgage to a company you may have never heard of? How do you determine if this is a legitimate request or a scam?
An Insider’s Guide to Reducing Your Remaining Mortgage Years Through a Smart Refinance
Is it always the best idea to pay off a mortgage over 30 years? While it may help a homeowner lower his or monthly payment, it can mean paying more in interest and waiting several more years to build sufficient equity in the home.
