by Candace Ellington | May 15, 2024 | Mortgage News
Thinking about saving up for a house and feeling a bit lost? No worries, we've got tips on how to hit your down payment target and get you one step closer to home sweet home. Key Takeaways Different loans have varying down payment requirements, from zero for USDA and...
by Candace Ellington | Feb 21, 2024 | Mortgage News
When purchasing a home, one important step that homebuyers often overlook or delay is getting preapproved for a mortgage. Mortgage preapproval is a service provided by lenders that offers homebuyers a comprehensive understanding of their borrowing capacity, giving...
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....
