Mortgage rates have gone well over 7% as we move into the last quarter of 2022, hitting a 20-year high. As a result, home buyers are looking for alternatives to get a lower rate and more affordable payments on their home purchases. One of those alternatives gaining popularity is assuming loans that the home seller… Continue Reading
Home loans for people with bad credit are surprisingly available. If you have had credit challenges in the past and want to refinance or buy a home, you have options. There are excellent loans such as FHA and VA loans that give you the opportunity to buy or refinance a home even if you have… Continue Reading
When trying to purchase your first home, many things can be confusing to borrowers during the mortgage process. From acronyms like DTI, ATR and front-end and back-end ratios, calculating income is an area many first time homebuyers don’t understand. However, a simple review of how lenders will evaluate your income can help you determine if… Continue Reading
It is a widely held belief that you need to put 10-20% down to buy a house. The truth is, you can buy a house with as little as ZERO down payment, and if you have the right programs in place, you can get into your own home with ZERO OUT OF POCKET! If you… Continue Reading