What is DTI? If you are applying for a home loan, you will likely hear the term DTI. DTI stands for the debt-to-income ratio. Your debt-to-income ratio tells lenders how much money you owe other [...]
How to make a competitive offer on a home? In a buyer’s market, you may be able to make a low offer, tack on additional contingencies, and ask the seller to pay closing costs. But, [...]
I have put together a top ten list of America's fastest-growing cities, and why you should be checking out their housing markets: San Francisco, California San Francisco is one of the largest cultural hubs in [...]
It can be a thrill to be a first-time home buyer, but might also be a challenging experience. Unless you have done a lot of research, the home buying journey can feel overwhelming. Don’t make [...]
While applying for a home loan, at first, it may seem like mortgage professionals are speaking a foreign language. You will probably hear terms like PMI, LTV, and FICO thrown around and wonder if you [...]
Have you ever considered refinancing your mortgage? For many homeowners, a refinance is a great way to access home equity, consolidate debt, or lower monthly mortgage payments. If your home has substantial equity and you [...]
When you are shopping around for the best deal on a mortgage or a refinance, it is an advantage to have a healthy credit score. Although your credit score isn’t the only factor, it is a [...]
It is true that the higher your credit score, the more options you have to obtain credit, but it doesn't mean that you must have perfect credit to qualify for a mortgage refinance. Contrary to [...]
What’s the big fuss about credit scores? One of the most important factors of getting refinancing or financing for a home is your credit. When lenders consider lending you money for a home, they will [...]
First-time homebuyers usually have plenty of questions regarding the home buying process, and this is completely understandable, especially given the size of the investment involved. Purchasing a home is likely to be the largest and most [...]
