What Does It Mean To Cosign On A Mortgage?
Have you been asked to cosign by someone looking to get a home loan approval? You may be wondering why they would ask or how this affects you. This article will help you to understand both of these points.
Why Were You Asked To Cosign?
These are the top reasons that home loan...
How Much Down Payment Do You Need To Buy A Home?
If you're considering buying a home, you might wonder how much is required as a down payment. Here is a quick run-down of the requirements of the down payment per loan type.
Do You Need To Put 20% Down On A House?
You'll often hear the down payment expressed as a percentage. For example, a 20%...
Thinking About Refinancing Your Investment Property? Read This
If you own an investment property, you already know that getting a mortgage for this type of property is different than a refi of a primary home. If you recall, the qualifying requirements for getting an investment load are more stringent than a primary home loan.
Let's take a look at...
What is DTI and How It Affects Your Mortgage Application
Ever wonder why it's essential to keep your debt in check when applying for a mortgage or what debt matters to your approval? This article will help you answer these fundamental questions so that you're in a great position to get approved for a home loan.
All About Debt-To-Income Ratio...
Prequalified And Pre-approved: What's the Difference?
If you're thinking about buying a home, then you've probably heard the terms "pre-approval" and "prequalification." While often used interchangeably, there's a slight difference between the two. This blog will go over what it means to be prequalified versus pre-approved...