1 Jun 2022 A Guide To Debt-To-Income Ratio When Buying A Hous... When you apply for a mortgage, lenders execute financial calculations to determine whether or not you qualify for a loan. Therefore, you should become familiar with the debt-to-income ratio (DTI) before buying your home. This formula will help you understand what lenders are looking for when approving loans and how to ensure your financial health […] Share on Facebook Share on Twitter
16 May 2022 FHA Appraisal And Inspection: Guidelines And What ... If you’re getting an FHA loan, you’ll need to get an appraisal in most cases. An FHA appraisal both establishes the value of the property and makes sure it’s safe for the homeowner or prospective homeowner. The article below will explain exactly how the FHA appraisal process works, help you create an actionable checklist, talk about […] Share on Facebook Share on Twitter
11 May 2022 Everything You Need to Know about the VA Funding F... If you’re an active-duty service member or veteran, you’ve probably heard about the amazing benefits the VA Loan offers. With no down payment, zero private mortgage insurance, and flexible credit score requirements, it’s the most affordable home loan for the military. However, you may be going through the VA Loan Journey with a lender and discovered there’s a […] Share on Facebook Share on Twitter
5 May 2022 Closing Costs: What Are They, And How Much Will Yo... Your down payment isn’t the only thing you need to bring to the closing table when you buy a home. Closing costs are expenses you pay to your lender in exchange for loan services. Many first-time home buyers underestimate just how much they’ll need to pay in closing costs. Some may not know there are […] Share on Facebook Share on Twitter
1 May 2022 Making a House Offer Without a Buyer’s Agent: A ... Buying a house without a real estate agent can be scary if you do not know where to start. But, while it may not be easy to maneuver through without an agent, it is still possible to buy your dream house if you learn various tips and tricks. The tips will guide you in making […] Share on Facebook Share on Twitter
