Homeowners who are struggling to make their monthly mortgage payments can make it easier on themselves by cutting costs in other areas. Learning how to budget effectively will likely enable homeowners to pay their mortgage payments on-time, every time.
Can One Missed Mortgage Payment Affect Your Credit Rating? Yes! Here’s What to Do if You Miss One
Most people don’t know whether or not a single missed mortgage payment can have serious consequences for their credit score.
Three Ways That Your Credit Score Affects Your Mortgage (and Your Chance of Obtaining One!)
Credit scores control so much of what we do in the world of finances, but what does your credit score really have to do with your mortgage? Here are three ways that your credit score could impact your mortgage application.
Starting to Shop for a Mortgage? How to Assess Your ‘Debt-to-Income Ratio’ and Why This Number Matters
For those who are looking to get a mortgage, the most important factor for having a mortgage application approved is the debt-to-income ratio of the borrower.