How People Got into Trouble Lately (and how not to be one of them)
The media is of full of stories today about many homeowners in trouble.
As you contemplate your own purchase, you don?t want to end up like these people. While there are many reasons why certain homeowners are having difficulties today, the biggest reason […]
Blog entries tagged with: Loans
Staying Out of Trouble
Posted January 22nd, 2008
Tags: Tags: Buyers, Loans, mortgages
Mortgage Calculator
Posted September 13th, 2007
Tags: Tags: Loans
Use the mortgage calculator below to get an estimate of how much house you can afford. Or, find a lender who can get you prequalified for the best type of loan that suits your situation (click here to Find A Lender).
Two ways to use this calculator:
Option #1 - Enter the Purchase Price of the home […]
Credit Scores
Posted September 13th, 2007
Tags: Tags: Loans
What is a Credit Score? The Higher your FICO score the lower your payment. Okay, What’s FICO?
A FICO score is a credit score developed by Fair Isaac & Co. Credit scoring is a method of determining the likelihood that credit users will pay their bills. Credit scores analyze a borrower’s credit history considering numerous factors […]
The Loan Process
Posted September 13th, 2007
Tags: Tags: Loans
How the Loan Process Works
There are eight basic steps your loan will go through. For the process to run smoothly, all documentation should be submitted early in the procedure, and be as complete and accurate as possible.
Step 1: The Application - At this time, the mortgage consultant obtains all pertinent documentation so unnecessary problems and […]
Interest Rates
Posted September 13th, 2007
Tags: Tags: Loans
What are the Current Rates? What’s the best Interest Rate I can get?
What the current mortgage interest rate is always the first question a buyer or borrower asks their lender. And it is usually the last answer they get. The reason is twofold:
First, there is no one-size-fits-all interest rate out there. Mortgage interest rates are […]