Purchasing your dream house is not easy. If you are an average American without millions or more in their bank account or pocket, then you cannot just walk in and say you will buy this house. Instead, you will need to apply for a mortgage. And you’ll need to qualify for that mortgage loan to…
Getting married is both an emotional and legal commitment between you and your spouse. So by this assumption, it is normal and common to share in the ownership of your home together. On the other hand, it is also normal for a married couple to have separate properties and other assets. When it comes to…
You found your dream home (or at least a home you’re happy enough with to buy, and your offer was accepted!). Now comes the next step. Getting a mortgage. We live in a world in which timing is everything, so, an important question to ask is, when is the best time to apply for a…
Refinancing a mortgage loan can save you a lot of money when you do it right. It can do many things like consolidate high-interest debt, drop mortgage insurance, and lower your interest rate. You can also shorten your mortgage loan term when you refinance. But, again, this is only possible if you do it right. …
Applying for a home loan can be a long, complicated process even in the best of circumstances. But if you have debt issues currently, or in your past, those can affect the process even more. A bad credit score or debt may lower your chances of getting approved for a home loan. It is essential…