As your sons or daughters prepare to take the plunge into home ownership, make sure they follow three crucial tips that will help them during the mortgage process.
Is a 40-Year Mortgage Worth It? How to Decide Whether or Not This Longer Term is Right for You
If you’re thinking about a mortgage, you may be wondering what length of payment term to choose. Here are some points to consider to see if a 40-year mortgage is appropriate for you.
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.
Understanding the ‘Qualified Mortgage’ or QM and Why It’s Important to New Home Buyers
Are you shopping for a home or a new mortgage? If you are interested in finding the best possible financial product, it is important to consider the benefits of selecting a Qualified Mortgage.
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.
