Category Archives: Mortgage

Home Buying Power Remains In Motion Depsite Rising Mortgage Rates

The real estate market does not occupy a space outside the laws of physics. As Sir Isaac Newton so aptly theorized, “for every action, there is an equal and opposite reaction.” When applying the English physicist’s Third Law to today’s rising mortgage rates, anticipating the reaction can be valuable information if you are planning to buy or sell a home or commercial property. Continue reading

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Mortgage Challenges For Self-Employed Home Buyers

It’s no secret that mortgage lending institutions look favorably on steady paychecks and positive debt-to-income ratios. That can leave many self-employed prospective home buyers feeling anxious about getting approved for a mortgage. But just like the 9-to-5ers who get regular paychecks, self-employed people earning a good living can get approved with a little due diligence. Continue reading

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Real Estate Crowdfunding Investment Is Trending

Although the real estate market is currently booming, the last housing bubble burst remains relatively fresh in investors’ minds and that has many taking a long look at crowdfunding. Continue reading

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3 Budgeting Tips to Help Make Your New Mortgage Payments Easier

Buying a new home is an exciting time, but excitement can easily turn to stress if there isn’t enough money to pay the monthly mortgage bill. The added expense can take some time to get used to, but there are ways to make the payments easier, especially in those first few months when money is the tightest. Continue reading

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What To Know About Specialty Mortgages

Recent medical school graduates, saddled by high student loan debt, sometimes have a hard time qualifying for a first mortgage. Now, however, a growing number of lenders will consider future earnings potential of high earners in the medical profession as a way to offset high debt ratios. But specialty mortgages for young physicians aren’t the only unique loans available today. Continue reading

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U.S. Wage Increases Could Help Home Buyers

The struggle to achieve the American homeownership dream often feels like it happens in a vacuum. Everyday people work hard, save money and polish up their credit to get a low mortgage rate. Continue reading

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Best Things To Do Now To Get Your Finances Mortgage Ready

You probably already know that qualifying for a mortgage can be the biggest hurdle — aside from actually finding that dream property — along the path to home ownership. Continue reading

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Is A Reverse Mortgage Right For You?

Imagine the bank depositing monthly premiums into your account instead of you writing a mortgage check. That’s basically how a reverse mortgage works. Continue reading

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What To Ask About How Loan Application Data Is Kept Private

After hackers breached Equifax and stole vital financial records of 145 million Americans, people have a right to be afraid of disclosing personal information. That’s why it’s imperative that lending institutions to do everything in their power to protect your privacy. Continue reading

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4 Things You Should Know About Conventional Mortgage Rates

Securing the best conventional mortgage rate possible can pose a challenge for even veteran property buyers. Continue reading

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