First-time homebuyer revelations and reality checks
There are few people you can learn better from than the ones who have been there/done that. In her Forbes article outlining her first time home buying
Tag: real estate
Student debt and home purchase
What is the relation of student debt to home purchase? It used to be that loans deferred by 3 or more years could be ignored for the sake of qualifying
Ask your Realtor a question. Any question.
Is there ever a question you CAN’T ask a Realtor? Never. When it’s your future and your money at stake, you owe it to yourself to pose any questions that eat
Does the age of your credit matter during home mortgage approval?
Question: Should you worry about the age of your credit history when trying to get pre-approval on a home mortgage? Will this affect my home mortgage
How to Select a Loan Officer
Someone once asked HMAC: If you were shopping for a Loan Officer. How would you select one? Do I need a mortgage broker to get a mortgage? You might
FHFA Issues Final Rule on Uniform Mortgage-Backed Security
Washington, D.C. – The Federal Housing Finance Agency (FHFA) has issued a final rule that requires Fannie Mae and Freddie Mac (the Enterprises) to align
Common scams to watch out for when closing escrow
It’s all over but the shouting. You found the house, cut the deal with the help of a qualified real estate professional, and now you’re counting down the days
What You Need to Know about Fannie Mae Loans
Fannie Mae is one of the most important parts of the American real estate market. It is a Government-Sponsored Enterprise (GCS) which purchases
Online property value calculators often miss the mark
Because the Internet never sleeps, it happens all day and all night long. Homeowners, home sellers, and even your Aunt Edith — whether they are simply
Which FICO score is the most important
Some once asked us: Which FICO scores are most important for mortgage applications? We GENERALLY use what is called the “mid score.” Most people have
5 Things to Avoid for Fast Mortgage Approval
If you are planning to get a mortgage, you should be aware of certain things that you should avoid and never do just before and during your mortgage
What is the right mortgage option for you?
Getting home is not an easy task especially if you will be getting a mortgage. Being a homeowner is a big responsibility and you need to understand the basics