Lenders may use the terms pre-qualification and pre-approval interchangeably, but it’s generally understood that there are different levels of evaluation and approval available nowadays. Our goal is to make sure you understand what information your lender will be verifying and what assumptions they’re making when evaluating your financial scenario. What’s the Difference Between a Pre-Qualification… Continue Reading
It wasn’t that long ago that the LA Times wrote a scathing article about the widespread effect that student loan debt is having on the housing market. One report they cited estimated that 414,000 home sales, or eight percent of the average number of annual home sales, would disappear because of this excess debt. The… Continue Reading
In the first part of this series, we covered the problems you might encounter because of the public record, and in the second, we discussed fixing issues with your credit file — part three is all about the “other” stuff that didn’t quite fit into the first two. There are countless miscellaneous issues you might… Continue Reading