One of the first things anyone getting a mortgage wants to know is what their monthly payment will be. It can be a long process before you get that payment amount. You must first undergo pre-qualification and pre-approval for your mortgage. Both processes involve figuring out the amount of mortgage loan that you can borrow. …
Are you both a business owner looking for financial support and also trying to get a mortgage? If so, will a business loan affect getting a mortgage? If you are both in need of a business loan and a mortgage, you have come to the right place. Loans can be difficult to understand. Yet, it…
If you are an interested home buyer, and you have kids or other dependents in your life, you may be wondering how this may affect your mortgage qualification. If this is the case, then this article is for you. Before approving your mortgage application, lenders look at your financial background and status. They do so…
There are instances when home loans can be a pain. And, they can get expensive if you are on a tight budget. Fortunately, there are some ways around this. Today we will discuss the silent second mortgage option. But you have to be careful here because there are situations where they are illegal. Getting one…
By far, the vast majority of mortgage brokers are good, honest people. But, like every profession, there are some bad apples in the bunch. And, if you don’t know what you’re doing, you may get ripped off by a mortgage broker. If you use a broker to help you get a mortgage, there are some…