Tougher Mortgage Requirements? Learn How You Can Qualify

As mortgage lenders are raising the bar on their requirements for borrowers, getting a mortgage becomes harder and harder. Now is the time for homebuyers and those looking to refinance to be smarter about shopping for a new loan. The COVID-19 pandemic has impacted our lives in countless ways. Shopping for a mortgage is one […]

Understanding Common Mortgage Terms

Applying for a mortgage involves a lot of confusing numbers, but it’s actually the words around those numbers that you should be focused on. Learning and understanding common mortgage terms can make the application process a lot easier. Along with browsing professional reviews, you can compare lenders and understand options by breaking down specific terms […]

How to Get a Home Loan When You Have Bad Credit

Bad credit may seem like it stands between you and a new home purchase. Fortunately, there are ways to get a mortgage even with bad credit. By taking the proper steps, you can get a mortgage loan with bad credit, and this transaction can even help you to improve your credit for the future. It’s […]

Mortgage vs. Mortgage Refinance – What’s the Difference?

The more you understand about your home and the mortgage you pay, the easier it will be to sort through your finances and have realistic expectations for your current situation. One of the more confusing aspects of homeownership is the notion of mortgage financing vs. refinancing. The processes may be similar, but there are some differences. […]

How I Saved Thousands Negotiating My Mortgage Terms

Buying a house is an exciting time, but it isn’t a stress-free process. Part of the process is getting approved for a mortgage to help pay for the home. My wife and I recently went through this experience when we were moving from Florida to Indiana. When we were choosing a mortgage lender, we wanted […]

Home Equity Loans vs. Parent PLUS Loans

HELs and PLUS loans are just 2 of the ways parents can borrow the money needed to put their children through college. Compare the pros and cons and application process to learn which one is best for you. Your kid’s just been accepted to college? Congrats! Many people look back at college as the most […]

3 Recommended VA Mortgage Lenders for 2022

VA loans make purchasing a first home or getting a second mortgage easier for those currently serving in the armed forces, reservists, veterans, and their spouses. If you are one of those individuals, a VA backed mortgage may be your option. These top lenders can make your VA loan easy. What is a VA Loan? […]

These Simple Steps Can Help You Improve Your Credit Score

Applying for a term loan can be difficult and tedious, not to mention all the different eligibility criteria. Applying for a mortgage? Be aware of the debt-to-income limit. Business loan? Let’s hope you’re making more than the minimum monthly revenue. Personal loan? Get ready to reveal your annual income. One of the first things lenders […]

Closing on a Mortgage From the Convenience of Your Lock-Down

COVID-19 has changed the way we do business. Purchases and transactions that used to require in-person interactions have been replaced with simple online processes that can be completed from home. The mortgage industry has been making such adjustments as well, and in-person interactions are becoming less and less necessary when closing on home loans. Here’s […]

Professional Tips on How to Manage Your Money During Chaotic Times

We gathered four leading on personal finance professionals to discuss the state of the economy, how it affects American households and what you can do to keep your head above water during this high tide As you probably know “may you live in interesting times” is not a blessing, but rather an ancient Chinese curse. […]