3 Reasons It’s Not a Seller’s Housing Market

Mortgages

3 Reasons It’s Not a Seller’s Housing Market

3 Reasons It’s Not a Seller’s Housing Market

If you’re considering purchasing a home, but worried that rising home prices mean you’ll pay too much for a house, think again. Just because home prices have risen doesn’t mean it’s a seller’s market out there. Here’s why. 1. Home Prices Aren’t Necessarily Inflated Home prices have gone up, but have they done so unreasonably?… Read More

How Lying About Your Income Can Hurt Your Mortgage

Mortgages

How Lying About Your Income Can Hurt Your Mortgage

How Lying About Your Income Can Hurt Your Mortgage

Your income is one of the major factors lenders use in determining whether you qualify for a mortgage. Which is why omitting, hiding, manipulating or not showing income may put you in a decidedly gray area with your mortgage company. When you apply for a home loan, lenders require specific income documentation to fund a… Read More

4 Mortgage Programs You Should Know About

Mortgages

4 Mortgage Programs You Should Know About

4 Mortgage Programs You Should Know About

When looking to buy or refinance a home, there are several specialized types of loans to consider. Since you may not qualify for every type of mortgage, it is important to calculate how much mortgage you can afford and investigate the options available for your specific situation. It’s a good idea to compare rates from… Read More

Why a Mortgage May Cost You More in 2014

Mortgages

Why a Mortgage May Cost You More in 2014

Why a Mortgage May Cost You More in 2014

The Federal Housing Administration recently announced a reduction in high-cost area loan limits. This reduction comes in accordance with the government’s ongoing effort to retreat from the housing market. Rewind the clock back to 2008, when financial markets were significantly depressed, the economy was on the verge of recession — enter the FHA as the new outlet… Read More

5 Signs You’re Ready to Be a Homeowner

Mortgages

5 Signs You’re Ready to Be a Homeowner

5 Signs You’re Ready to Be a Homeowner

No one can tell you when you’re ready to become a homeowner. But it’s probably fair to say a lot of first-time buyers wish otherwise. Buying a home is often one of the biggest purchases you’ll ever make. It’s also among the most infrequent. Knowing you’re prepared to buy a couch or a car is… Read More

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