by Candace Ellington | Aug 26, 2024 | Mortgage News
In today’s housing market, being a prepared and informed homebuyer is more important than ever. One of the primary steps in your homebuying journey is to get a mortgage preapproval before you begin house hunting. This simple but powerful step can make all the...
by Candace Ellington | Feb 21, 2024 | Mortgage News
In mortgage lending, the debt-to-income (DTI) ratio plays a pivotal role in determining an applicant's eligibility for a home loan. This blog aims to explain the DTI ratio and highlight its profound impact on an individual's ability to secure a home loan....
by Candace Ellington | Jan 31, 2024 | Mortgage News
Credit scores play a crucial role in assessing an individual's financial well-being and trustworthiness. A credit score is a number derived from an analysis of several financial factors, depicting how creditworthy one is. Credit scores range from a minimum credit...
by Candace Ellington | Jan 31, 2024 | Mortgage News
Maintaining a good credit score is important as it directly impacts one's capacity to obtain loans, credit cards and favorable interest rates. Many individuals are hesitant to check their credit scores, fearing that inquiries may negatively affect their ratings....
by Candace Ellington | Oct 30, 2019 | Mortgage News
When it comes to getting a lender’s approval to buy or refinance a home, there are 3 numbers that matter the most — your credit score, debt-to-income ratio, and loan-to-value ratio. These numbers can affect your ability to qualify for a mortgage and how much it costs...
