How to Become a Homeowner, Even With Little Income

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How to Become a Homeowner, Even With Little Income

How to Become a Homeowner, Even With Little Income

The American dream of owning a home can often feel unattainable for low-income families. If you’re among the nation’s low-wage earners, you’re probably struggling to simply make ends meet, so the idea of bringing home enough money annually to qualify for a mortgage, or saving for a down payment, can seem challenging at best. Finding... Read More

3 Easy Ways to Pay Off Your Mortgage Faster

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3 Easy Ways to Pay Off Your Mortgage Faster

3 Easy Ways to Pay Off Your Mortgage Faster

As long as you’re alive, you have to live somewhere and, generally speaking, you have two options: Rent an apartment (or a home) and line your landlord’s pocket; or buy a home, and over time, hopefully line your own. This premise is one of David Bach’s most important messages. The author of the New York... Read More

This Common Mistake Can Kill Your Mortgage

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This Common Mistake Can Kill Your Mortgage

This Common Mistake Can Kill Your Mortgage

In order to qualify for a mortgage, you need to show your lender that you have a down payment and access to funds for closing. This money needs to come from documentable sources prior to moving it from your bank account to your escrow account. Unfortunately, a lot of people don’t do this, which can... Read More

How to Get a Loan for a Manufactured Home

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How to Get a Loan for a Manufactured Home

How to Get a Loan for a Manufactured Home

If you’re looking to purchase a manufactured home, or if you already own one and want to refinance, here are some things to keep in mind. Manufactured homes are not the same thing as modular homes. Manufactured homes are constructed, purchased at a dealer, and then moved to their final destination where they are permanently... Read More

New FHA Loan Limits May Help You Buy a Home

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New FHA Loan Limits May Help You Buy a Home

New FHA Loan Limits May Help You Buy a Home

Just before Thanksgiving, the Federal Housing Finance Agency released the conforming loan limits change for 2017. This change resulted in higher loan limits beginning in January for many counties across the country. The FHA has now followed suit. Here is what to know about the FHA Loan Limits changes. The Federal Housing Administration is insuring... Read More

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The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

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