It may feel like a very daunting task to consider buying a home after you’ve declared bankruptcy, and there’s no doubt that it’s an uphill battle. Fortunately, while you’ll have hard work ahead, there are things you can do in order to make your dream of home ownership a possibility. Whether you’ve just declared bankruptcy or some time has passed, here are some things you should consider before getting into the market.
Yes, It’s Getting Easier to Get a Mortgage. Here’s How You Can Take Advantage
It can be hard to stay on top of a changing real estate market from day-to-day, but it’s a matter of fact that there are more available mortgage products out there than ever before for many different kinds of homebuyers. If you’re wondering how you can take advantage of easier lending opportunities and strike while the iron is hot, here are some things to consider.
Understanding What a “Piggyback” Mortgage Loan Is and How It Works
As a potential homebuyer who is new to the market, many of the terms and mortgage products available to you can be more than a little confusing. Piggyback loans might be a little less familiar than many other options, but if you’re ready to jump into the housing market this type of mortgage can be useful for you. If you’re hoping to invest in a home sooner rather than later, here are the details on this type of loan.
Thinking About a Second Mortgage on Your House? Here’s What You Need to Know
Whether it’s to consolidate debt or make funds available for a home renovation, many people consider a second mortgage in order to make it possible to pursue other options. If you’re currently weighing your mortgage options and are considering a second mortgage, here are some things to do before the final decision.
The 10-year Mortgage: Why a Shorter Amortization Period Can Be Your Best Option
From ‘down payment’ to ‘adjustable rate’ to ‘debt-to-income’ ratio, there are so many terms involved in the mortgage process that it can be hard to learn them all and keep them straight. If you’re currently considering the period of loan you should choose, here are some things to think about before taking on a term.
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