Finance

FHA, 15-year fixed, 10% equity on approved credit

How Can I Qualify for a USDA Loan?
September 29, 2017

You may be surprised to learn how easy it is to qualify for a mortgage from the US Department of Agriculture. No, you do not have to be a farmer. Yes, you do need to live in a certain area, but this does not have to be strictly rural.

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I have recently filed for bankruptcy. Can I still get a mortgage?
March 29, 2017

The short answer is yes. These days, lenders are willing to allow borrowers to get a mortgage on the heels of a bankruptcy sooner than was possible in the past. How long you have to wait depends on a few factors:

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My credit score recently changed. What does that mean for homeownership?
March 19, 2017

Let’s take a step back and discuss the significance of your credit score and what that means in terms of obtaining a home mortgage. When you decide to buy a home and approach a lender for a home mortgage, your credit history has a direct impact on the amount you’ll pay for that loan. It’s … Continue reading “My credit score recently changed. What does that mean for homeownership?”

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How will the Fed’s Increased Rates Affect Me and My Loan?
February 10, 2017

When the Federal Reserve decides to raise rates, we’re all affected by it. Recent economic projections show that interest rates will continue to be on the rise in the upcoming years. Here’s how it will impact you and your loans in key areas such as credit card interest, mortgages, and car loans. Why the increase? … Continue reading “How will the Fed’s Increased Rates Affect Me and My Loan?”

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