Ready to buy your first home? Your first step is to visit a mortgage lender to see how much house you can afford. But be prepared for the paperwork that comes with it. Here are the documents you'll be asked to provide as part of the loan... (Read More)
Have an appointment with a title company to close on the purchase of your home? Here's what you'll need to bring with you on that big day:
Money: At closing, you'll be paying for your share of the closing costs and any down payment. Since... (Read More)
Whether you're trying to buy, sell or refinance a home, an appraisal can have a big impact on what you're trying to do. An appraisal is designed to provide you - and the lender - with an unbiased professional opinion of a home's value.
Appraisals... (Read More)
Two numbers play a starring role in your ability to qualify for a mortgage and purchase a home. The first? Your three-digit credit score. The second is the total amount you owe each month in consumer debt - including your car loan, credit cards... (Read More)
You want to buy a home that's a good deal and that is the right choice for you and your family. You want the home buying process to go smoothly. And you definitely don't want to end up with buyer's remorse down the line! Here are some handy tips... (Read More)
What is the difference between APR and my mortgage rate? This is one of the most common questions about the mortgage lending process. If you're in the market for a home loan, it's helpful to learn the difference between your mortgage rate and your... (Read More)
You found the home of your dreams. But you're not the only one who wants to buy it. What's the best way to make an offer on a home that other buyers are vying for? Here are some ways to put your best foot forward:
Start off with your best offer... (Read More)
A recent survey of homeowners and home buyers by real estate website Zillow makes one thing very clear: Many people are confused about mortgages. And by being befuddled, they may be missing out on a historic opportunity to buy a home or... (Read More)
Have you served in the military? The Veterans Affairs Home Mortgage Loan Program is one of the most important benefits available to service members, veterans and eligible surviving spouses. It can help you buy or build a home with some of the most... (Read More)
Mortgage rates have increased. Should home buyers be concerned? Not so much. And here's why:
Rates are still low. Mortgage rates remain low by historical standards. Just ask anyone who purchased a home in the early 1980s!
The housing... (Read More)