For those who are looking to buy a home soon, keep in mind that the Debt-to-Income ratio of the borrower plays a huge role in the approval of your mortgage application. A low DTI may make it easier for the lender and the underwriter to justify making a loan to the borrower.
Buying a Home? 4 Steps You Can Take to Ensure You Start out with a Low Monthly Mortgage Payment
Are you thinking about buying a new house or condo? If so, you’ve likely given some thought to your mortgage and as to how you can pay as little as possible in order to own your new home.
Shopping Around: How to Compare Mortgages from Different Lenders or Underwriters
In this post we’ll share how you can compare mortgages from different lenders or underwriters so that you can get the best possible deal on your mortgage loan.
Setting Your Budget: How to Analyze Your Finances to Determine How Much Mortgage You Can Afford
In today’s post we’ll take a look at a few ways that you can analyze your financial situation to help decide how much mortgage you can truly afford.
Can One Missed Mortgage Payment Affect Your Credit Rating? Yes! Here’s What to Do if You Miss One
Most people don’t know whether or not a single missed mortgage payment can have serious consequences for their credit score.