Tag: applying for a loan
Why Did My Credit Score Drop: Possible Reasons & Solutions
Read more: Why Did My Credit Score Drop: Possible Reasons & SolutionsPicture this: you’re looking to purchase a house in the near future, so you’ve been checking your credit score regularly to make sure you’re on track. One day, you go to check it when suddenly…your credit score has dropped, maybe by 10, 20, 50 points, or even more. When a new home is on your…
Your Contract to Closing Day Checklist
Read more: Your Contract to Closing Day ChecklistSo you’ve contracted on your dream home—congratulations! This is an exciting milestone, and you’re one step closer to getting the keys to a brand-new abode. However, you might be wondering what comes next. The time between contract and closing will vary depending on the type of home, but it’s important to have an idea of…
The Benefits of Home Loan Prequalification
Read more: The Benefits of Home Loan PrequalificationWhile home loan prequalification isn’t mandatory, it offers numerous benefits that can make your homebuying process smoother, faster, and less stressful. Prequalifying helps to ensure that you’re better prepared and that you’re making informed decisions about your home search—helping you avoid costly mistakes and disappointment along the way. Read on to learn more.
VA Loan FAQ for Military Homebuyers (& Military Spouses!)
Read more: VA Loan FAQ for Military Homebuyers (& Military Spouses!)Did you know that active-duty and veteran military buyers may be eligible for home loans with little (or no) money down, low (or no) closing costs, and competitive interest rates—all while paying no monthly mortgage insurance? Read our VA loan FAQ to learn more!
How to Find Your Dream Home in 10 Days
Read more: How to Find Your Dream Home in 10 DaysYou’ve probably heard of the movie, How to Lose a Guy in 10 Days. Watching that film had us thinking…what else can be done in a 10-day time period? How about finding your next home? It’s possible! We’ve broken down the process day by day to show you how. Day 1: Budget Wake up,…
How to Shop for a Mortgage Without Hurting Your Credit (Much)
Read more: How to Shop for a Mortgage Without Hurting Your Credit (Much)Wondering how to shop for a mortgage without hurting your credit? It’s a valid concern, but don’t worry. From narrowing down your lending options to paying down your credit cards, we’ve rounded up some tips to help you protect your credit score while scoring the home of your dreams! Read more.
Mortgage Infographic: Get Your Credit Ready Before You Apply
Read more: Mortgage Infographic: Get Your Credit Ready Before You ApplyLooking to buy a new home soon? We’ve created a handy mortgage infographic to help you understand some of the factors that affect your credit score and the ways you can improve your score—an important consideration for any lender reviewing your mortgage application. Your credit score may influence what types of loans you can qualify…
Ways to Jumpstart Your House Hunt Online
Read more: Ways to Jumpstart Your House Hunt OnlineGood news (and we could all use some right about now)! Not everyone can make it out to a sales center at the moment, but that doesn’t mean you have to put your home search on hold. Regardless of current circumstances, you can ramp up your house hunt right now, from the comfort of your…
What Credit Score Do I Need for a Mortgage?
Read more: What Credit Score Do I Need for a Mortgage?Wondering what credit score you need to qualify for a mortgage? You’d be wise to ask. Your credit score (also known as a FICO® score) is one of the most important elements of qualifying for a home loan—and helps lenders determine your interest rate in the event you do qualify. While there isn’t a strict…
3 Steps to Moving Before the Holidays
Read more: 3 Steps to Moving Before the HolidaysSummer is winding down, kids are back in school and that may mean you’re slipping out of vacation mode. Is setting a moving timeline back on your to-do list? If you’re ready to start touring model homes so you can find your dream home, you may want to be settled before the holiday season. (After…
5 Things to Do Before You Contract on a New Home
Read more: 5 Things to Do Before You Contract on a New HomeWe recommend having a checklist of things to research and do in the days and weeks leading up to your home purchase. A few simple steps can help you feel prepared, well-informed and ready to sign that contract with confidence. 1. Scope out neighborhoods If you’re moving within the same area of town, researching the…
Student Debt and Buying a Home
Read more: Student Debt and Buying a HomeStudent debt is a hot topic these days, and little wonder: approximately 44.7 million Americans were paying back student loans as of 2017, according to the Federal Reserve Bank of New York (spreadsheet). If you’re one of them and have hopes of purchasing a home, the good news is that buying a home with student…
