6 Tips for Buying a Home in 2016

Mortgages

6 Tips for Buying a Home in 2016

6 Tips for Buying a Home in 2016

Would-be homebuyers eyeing 2016 as the year have a fair bit working in their favor. Mortgage credit continues to thaw, interest rates remain surprisingly flat and more homes are expected to hit the market as Spring approaches. To be sure, some buyers have a more streamlined path than others. Macro-level outlooks are one thing; it’s another to... Read More

Homebuying in 2016: The 4 Big Trends That Could Impact You

Mortgages

Homebuying in 2016: The 4 Big Trends That Could Impact You

Homebuying in 2016: The 4 Big Trends That Could Impact You

Expectations are mixed for the housing market in 2016. More Americans are viewing homeownership as part of their personal American Dream than in recent years, and some industry observers believe those elusive millennials will finally start to make an impact next year. Spurred mostly by new construction, total home sales could top 6 million for... Read More

VA Home Loan Changes: Cutting the Red Tape?

Mortgages

VA Home Loan Changes: Cutting the Red Tape?

VA Home Loan Changes: Cutting the Red Tape?

Whenever Duan Rockette meets a prospective client, the St. Louis real estate agent asks a simple question: Did you serve? That isn’t a question many real estate and mortgage professionals asked just a few years ago. But VA home loans, which require 0% down, have boomed since the housing crash, driven by a combination of... Read More

Will Getting Pre-Approved for a Mortgage Hurt My Credit?

Mortgages

Will Getting Pre-Approved for a Mortgage Hurt My Credit?

Will Getting Pre-Approved for a Mortgage Hurt My Credit?

Shopping for a home loan means getting your credit pulled. There’s no way around it. Without taking a look at your credit report, most lenders won’t be able to complete your pre-qualification, much less pre-approve you to purchase a home. Granting a lender permission to pull your scores – and, yes, they do need your... Read More

The Little-Known Database That Can Sink Your Mortgage

Mortgages

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

Mortgages

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?

Mortgages

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

Mortgages

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

Mortgages

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

Show Me More by Chris Birk

Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.