For most people, changing employers will not really affect your ability to qualify for a mortgage loan, especially if you are going to be earning more money. However, for some homebuyers, the effects of changing jobs can be disastrous to your loan application. How Changing Jobs...
If you’re thinking of buying a house, now is a great time to take advantage of the affordability that comes with low mortgage rates. This is especially great news for many buyers who were unable to purchase last year, or earlier this year due to...
Buying a home is often referred to as the “American Dream.” While there are many obvious benefits of owning a home, there are also some that are not so obvious. 1-Stable Monthly Payments If you choose a fixed-rate mortgage, then your monthly payments will remain mostly the...
There are different valuations of a home’s worth and you should understand the difference between market value and assessed value. It’s important to understand what your home is worth. Knowing your homes value gives you an idea of how much you could receive if you...
Before settling on a particular type of mortgage, it is important that you do your due diligence by getting to know the different types of mortgage and their individual advantages. Your lender will typically evaluate your particular needs and financial situation and advise you on what...
When you’re buying or selling a home, it’s important to understand the different types of mortgages you may encounter. They aren’t all the same, and they can get a little difficult to understand if you don’t do a little prior research or consult with a...