TIP! Prepare for the home mortgage process well in advance. If you seriously thinking of home ownership, then you should have your finances in order. It’s amazing to own a home today! It does, however, take some time and effort. Most importantly, you probably need to secure a loan. That process is not always easy […]
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TIP! You need to have a long term work history to be granted a home mortgage. A majority of lenders will require two years of solid work history in order to approve any loan. It can be overwhelming for you to dance through the details of financing your new house. To be sure you secure […]
TIP! New rules under the Home Affordable Refinance Program may allow you to apply for a new mortgage, even if you owe more than what your home is worth. While you may have been turned down before, now you have a second chance. Home ownership is something that many aspire to. Purchasing your first home […]
TIP! Prepare for your home mortgage in advance. If you’re thinking about getting a new home, your finances need to be in tip top shape. Applying for a mortgage is a very important financial decision and you should not mortgage your home before learning more about your options. If you rush head first into a […]
TIP! Don’t be tempted to borrow the maximum amount for which you qualify. The mortgage lender is going to let you know how much you can qualify to get, but you shouldn’t think that’s a number based on how you’re living. What goes into getting a mortgage? It’s a loan product that is backed by […]