The Little-Known Database That Can Sink Your Mortgage

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The Little-Known Database That Can Sink Your Mortgage

The Little-Known Database That Can Sink Your Mortgage

One of the benefits of government-backed home loans is that they tend to have more flexible and forgiving requirements when it comes bankruptcies, foreclosures and other derogatory credit. The wait time for a VA or FHA loan in the wake of one of these events can be considerably shorter than for conventional financing. But that… Read More

5 Steps to Getting a VA Loan

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5 Steps to Getting a VA Loan

5 Steps to Getting a VA Loan

Millions of veterans and active military members are eligible for what’s arguably the most powerful mortgage option on the market. VA loans feature $0 down payment, no mortgage insurance and more flexible and forgiving requirements. To be sure, VA loans aren’t the answer for every veteran. But they continue to make a huge difference, especially… Read More

Can I Get a Seller to Pay My Closing Costs?

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Can I Get a Seller to Pay My Closing Costs?

Can I Get a Seller to Pay My Closing Costs?

Closing costs are one of the most confusing and misunderstood parts of the homebuying journey. About a third of prospective buyers feel “not very” or “not at all” aware of them, according to a recent survey from real estate data and technology firm ClosingCorp. That can be a problem for buyers who jump into the homebuying… Read More

The Ultimate Bootcamp for Homebuyers

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The Ultimate Bootcamp for Homebuyers

The Ultimate Bootcamp for Homebuyers

Becoming a homeowner is more than a big decision — it’s a journey. And just like you wouldn’t leave for a trip without making sure you’ve packed all your bags, you shouldn’t embark on the road to homeownership without preparing for the possible twists and turns ahead. If you’re looking to purchase a home in the… Read More

4 Reasons It Will Be Easier to Buy a Home in 2015

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4 Reasons It Will Be Easier to Buy a Home in 2015

4 Reasons It Will Be Easier to Buy a Home in 2015

Housing economists and would-be homebuyers are finding reasons for optimism as 2015 nears. To be fair, the bar’s set pretty low after a tough year for housing. However, there are some genuinely encouraging signs that next year will be better for prospective buyers. Economic recovery and an improving job market will go a long way… Read More

Is 2015 the Year to Sell Your House?

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Is 2015 the Year to Sell Your House?

Is 2015 the Year to Sell Your House?

Home price gains are slowing, credit is thawing and more first-time buyers may be hitting the real estate market in 2015. Better balance in the housing sector is “in” next year, as far as trends go. That’s likely to put buyers and sellers on a more even footing. Some prospective sellers sound especially bullish on… Read More

A New Challenge for Veterans Who Want to Buy a Home

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A New Challenge for Veterans Who Want to Buy a Home

A New Challenge for Veterans Who Want to Buy a Home

After years in the shadows, the historic VA loan program is getting some time in the sun, but it may be short-lived. VA loan volume has surged since the housing crisis. Veterans and military buyers have flocked to the program’s more flexible and forgiving requirements in a time of tight credit. But that momentum may be… Read More

How Soon Can I Buy a House After Bankruptcy or Foreclosure?

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How Soon Can I Buy a House After Bankruptcy or Foreclosure?

How Soon Can I Buy a House After Bankruptcy or Foreclosure?

Bouncing back from bankruptcy or foreclosure takes time. But that doesn’t mean you have to shelve your homebuying aspirations for some interminable stretch. They’re called “boomerang buyers” for a reason. Consumers may be able to close on a home loan just a couple years removed from one (or both) of these fiscal hiccups. A lot… Read More

Can Your Spouse’s Credit Score Kill Your Mortgage?

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Can Your Spouse’s Credit Score Kill Your Mortgage?

Can Your Spouse’s Credit Score Kill Your Mortgage?

Save for maybe the diehard financial romantics, it’s a rare wedding where “credit scores” share billing with sickness and health. But it might be time to update those well-worn marriage vows. From that moment forward, your spouse’s credit profile will play a big role in your collective financial future. That’s especially true when the time… Read More

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