What Credit Score Do You Need To Buy a House?
Between our roller coaster job market and saving for a down payment while battling inflation, buying a house can feel unattainable for many of us. Add to that our anxiety over good or bad credit...
View ArticleHow To Buy a House With Low Income
Buying a home is expensive – period. And while borrowers with lower incomes will likely find the home buying process far more challenging – they aren’t necessarily locked out of the housing market....
View ArticleWhat Is a Fixed-Rate Mortgage and How Does It Work?
Unless you have the resources to buy a home with cash, applying for a mortgage is the usual way most aspiring buyers purchase homes that would otherwise be out of reach. For most home buyers, taking...
View ArticleFreddie Mac BorrowSmart℠: What Is It? How Do You Qualify?
With the rising cost of homeownership, it can seem impossible to save enough money for a down payment. Luckily, there are a few programs that provide legitimate down payment assistance. With the...
View ArticleShould I Lock My Mortgage Rate Today?
If you’re considering applying for a mortgage, there are several factors you’ll need to keep in mind. In addition to your mortgage term, closing costs, and other variables, you’ll also need to be...
View ArticleWhat Percentage of Income Should You Spend on Your Mortgage?
Fewer than 10% of new U.S. home purchases are paid for in cash. The vast majority of Americans pay for their homes through a mortgage. This means that in addition to the overall cost of the home,...
View ArticleClosing Costs: Breaking Down Who Pays for What
Purchasing a home can be an intense process, and one of the biggest hurdles comes at the end: closing on the home. From title searches to inspections and appraisals, a lot needs to happen before you...
View ArticleWhat To Know About Buying a House With a Friend
Saving enough money to buy a house is a challenge. But there’s strength in numbers, and if you’ve found yourself wondering if you can buy a house with a friend, you certainly aren’t alone. The short...
View ArticleHome Buying, Simplified: 5 Steps with Helpful Resources
Buying a home can be overwhelming, especially for first-time buyers. That’s where we come in. We’ve broken down the process into five straightforward steps, including resources to help you complete...
View ArticleQualifying for a Mortgage: A Beginner’s Guide
Most people don’t have the cash to purchase a home outright. They need to take out a loan to do it. That’s where mortgages come in. Mortgages, also known as home loans, are different from other loan...
View ArticleAdvantages of Getting a Verified Approval Letter
If you’re trying to buy a house in a competitive market, you’d be wise to look for any advantage you can find to set your offer apart from the competition. A verified approval letter could be that...
View ArticleHow To Shop for a Mortgage: A Step-by-Step Guide
Unless you have the cash to buy a house outright, you’ll probably need to shop for a mortgage. But what’s the best way to go about doing that? While the overall process can seem daunting at first,...
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