Mortgage Tips & Advice

Thumbnail image for Authorized User Credit Accounts Can Be Loan Catch 22

Authorized User Credit Accounts Can Be Loan Catch 22

Planning to apply for a mortgage?  If you have an authorized user account reporting on your credit report, it could spell financial trouble if you’re applying for a home loan. […]...

Thumbnail image for Jumping Through Hoops To Get A Mortgage? Here’s A Quick Fix

Jumping Through Hoops To Get A Mortgage? Here’s A Quick Fix

Ever here one of those stories in the break room how getting a mortgage is difficult? “I had to jump through so many hoops to get my mortgage, it was […]...

Thumbnail image for How The Size Of Your Mortgage Is Impacted By Your Credit Score

How The Size Of Your Mortgage Is Impacted By Your Credit Score

Looking to finance larger loan size? If you plan on being in the market for a mortgage loan $417,000 or larger, your credit score along with your equity will play […]...

Thumbnail image for Your Deferred Student Loan May Impact Your Mortgage Chances

Your Deferred Student Loan May Impact Your Mortgage Chances

24Aug2014

The cost of your educational isn’t just interest you pay on student loans, no, in fact, an ulterior cost also lurks in the mix, mortgage ineligibility. A deferred student loan […]...

Thumbnail image for How To Buy A Home By Refinancing Another

How To Buy A Home By Refinancing Another

An important home buying hurdle you’ll need to over is the relationship between the proposed new housing payment and current liabilities against your monthly pre-tax income. The payment to income […]...

Thumbnail image for 6 Actions To Make Your Credit Score Mortgage Worthy

6 Actions To Make Your Credit Score Mortgage Worthy

If you have been turned down for a mortgage or quoted rates and fees that seem too high, you may have some homework ahead. The minimum credit score to land […]...

Thumbnail image for Lenders Tightening The Screws On Short Sale Borrowers

Lenders Tightening The Screws On Short Sale Borrowers

Are you one of the millions of homeowners who short sold a house in the last few years? If yes, you’ll now be waiting a little while longer for your […]...

Thumbnail image for 5 Frequent Credit Mistakes Mortgage Shoppers Should Pay Attention To

5 Frequent Credit Mistakes Mortgage Shoppers Should Pay Attention To

While credit standard have somewhat loosened up in home lending, make no mistake, getting a mortgage these days, is still an unraveling of your complete financial picture, with strong significance […]...

Thumbnail image for Why Auto Loans And Home Loans Do Not Mix

Why Auto Loans And Home Loans Do Not Mix

The next time you’re in the market for a car, do not plan on seeing a disclosure or a word of caution from the salesman about how buying that car […]...

Thumbnail image for Why A Low Rate Loan Is Not Always The Most Affordable

Why A Low Rate Loan Is Not Always The Most Affordable

Other factors beyond the rate can drive up a your projected new monthly mortgage payment. Such adjustments include private mortgage insurance (PMI for short) and the term of the loan […]...