What Are Compensating Factors?

So, you’re interested in getting a mortgage, but you know for a fact that you’re anything but an ideal candidate. You’ve resigned yourself to a life of renting and living under other people’s rules, because there’s no way you’re going to get your debt-to-income ratio into an ideal place and there’s not a house to… Continue Reading

Improving Your Chances for a HELOC

As housing values increase across the country, more people are thinking about tapping into that hidden potential in their homes. Home equity is becoming a thing again, guys, and there’s no denying that it’s a great solution for life’s problems, both big and small. If you plan on staying in your home for the long… Continue Reading

What to Do When Your Appraisal Runs Into Problems

Earlier this summer, a friend of mine was looking to buy a house and although their Realtor assured them that it was a slam dunk and everything was fine with their paperwork and they had a legitimately significant down payment, there were complications. In fact, their appraisal came in a little over eight percent short.… Continue Reading