Purchasing a house is a huge milestone for anyone, especially for co-borrowers buying a home together for the first time. It used to be challenging to qualify for a mortgage if one co-borrower had a less-than-stellar credit score. The dream…
Buying a house is one of the most significant financial decisions that you can make. Whether you are a first-time homebuyer, or you’ve been through the process before, you should always explore your loan options. FHA (Federal Housing Administration) loans have…
When starting out on your home buying journey, especially when you’re looking to purchase your first home, it’s important to figure out how much of a mortgage you can comfortably afford. A great way to do that is by getting…
In Partnership With Home equity is the difference between the current value of your home and the amount you owe on an outstanding mortgage. It may increase over time as the value of your property rises. Your equity also increases…
You usually hear that it’s imperative to save for retirement as early as you can. That advice will serve you well as you get closer to retirement age and all of that planning starts to become reality. Much of the…
So, you’re ready to start investing? You’ve probably saved some money, and you’re well aware that you’re better off investing that capital than letting it sit in a bank account. But the struggle is figuring out the right strategy for…
In Partnership With If you’re considering filing for bankruptcy or have already gone through the process, you’re probably wondering how this affects your ability to get a mortgage, and if you can even qualify for one at all. It can…
When you decide to buy a home, you’re faced with many questions that you need answers to. Do I make enough income to buy a house? How much of a house can I afford? What kind of mortgage am I…
Even if you’re buying a home for the first time, it’s probably not the first time you’ve heard or received advice about mortgages. While some guidelines have changed over time, other tips you might have received have never been true…
Whether you’re buying your first home or upgrading to suit your current needs, the first step in the process for many buyers is determining their purchase limit and what financing they can qualify for. Part of this calculation depends on…
