A home loan is a secured loan used to purchase a property by offering it as collateral. Borrowers usually take out a home loan to buy or maintain a home, land, or other various types of real … [Read more...]
What Can You Do If You Are Buying a Property That Needs Repairs?
What do you do if you found your dream home but just found out it doesn't qualify for financing because it needs a new roof? Or what if you have found a home and love everything about it, except the … [Read more...]
What Should You Expect When Applying for a Mortgage?
If you are considering either buying a home or refinancing your current mortgage and have not done so in several years, you may be surprised at how the process has changed. Even though most borrowers … [Read more...]
Buying a Home? Want a Zero Down-Payment Mortgage With A Great Rate?
If you are buying a home, you might be able to save money with a Zero Down-Payment Mortgage that has a great interest rate and is backed by the U.S. Government. Read our new article about USDA Home … [Read more...]
It’s Becoming Easier To Get a Home Loan
The Northwest Herald in Crystal Lake, Illinois is one of the latest news outlets to report that lending standards are loosening, and consumers are still unaware that it's becoming easier to get a home … [Read more...]
Congressional Bill Authored to Boost Home Loan Access
The Lodi News-Sentinel reports that Congressman Jerry McNerney co-authored a bill to boost home loan access. If passed, the bill will require HUD to use a Median Home Price consistent with one used in … [Read more...]
You May Need a Credit Score From Three Major Credit Bureaus For a Home Loan
In this climate of an improving housing market, it can be a challenge to get a home loan. To add to the challenge, many prospective home buyers aren't aware that they may need a credit score from 3 … [Read more...]
How will a job change affect my ability to qualify for a home loan?
I am often asked by borrowers whether changing jobs will affect their ability to qualify for a home loan. Whenever you are in the process of buying a home or contemplating buying in the future it is … [Read more...]