When people find out that they have a 500 credit score, it is rational to ask if they can qualify for a mortgage given a low credit score. However, when you take into account that even consumers without credit scores…
If you've seen your credit report and know your credit score, you've made the first step in the mortgage application process. The next step is finding out what kind of loan you should be aiming for to have a higher…
Mortgage applications are often more complex than your average loan application process, and with good reason. There are thousands of options that can be found depending on where you are, and each one has its unique list of requirements. For…
Renting may be cheaper than buying a home in many places in America. But, unfortunately, renting does not earn you an investment the way buying a home does. Suppose you bought a house last year and decided to sell it…
A house you haven't fully paid for can be a liability, but what if you can use the equity you have built in the home to create another income-generating possibility? If you run into an emergency or find any need…
One of the most significant decisions we'll make in life is renting or buying a house. It can be cheaper to rent in many places in the country than to own a home. In a study by LendingTree, they found…
A mortgage application can be a very daunting task, especially during a global pandemic. Yet, you keep wondering if it is worth delaying such a drastic move. For many of us, mortgages are just a fact of life. But, COVID-19…
Are you feeling nervous after seeing your credit report? Don't worry. It's normal to get the jitters, especially when you're applying for something. The minimum credit score required to get the primary type of home loan may surprise some people,…
Where should I buy a house that will be most suitable for my lifestyle? Should I live in the suburbs or further out in the country? How much space can my savings afford? These are just some of the questions…
The different needs and circumstances of borrowers call for varied types of home loans. For example, there are traditional mortgages you can get from private lenders if you have above-average qualifications. Otherwise, you can depend on government-backed loans if you…