what is a home loan pre approval
Home Finance

What is a Home Loan Pre Approval? Follow These Easy Tips to Simplify

What is a Home Loan Pre Approval? If you’re ready to buy a home, congratulations! Before you can go shopping, you need to know your budget. To find it, you’ll need pre-approval with a mortgage broker. We put together this pre-approval guide to help you have a positive experience when applying for your loan. We’re answering questions like, “what is a home loan pre approval” and “why do I need one” below! What is a Home Loan Pre Approval vs. Pre-Qualification? Many realtors or home buyers use the terms pre-qualified and pre-approved interchangeably. However, they’re completely different things. What is Pre-Qualification? Pre-qualification is Read More…

how to refinance my mortgage
Mortgage Refinance

How To Refinance My Mortgage – 8 Simple Steps To An Effective Strategy

How To Refinance My Mortgage Are you interested in refinancing your mortgage, but not exactly sure how to go about doing it? Luckily, when it comes to home ownership, refinancing your mortgage is a breeze compared to buying your own home.  However, refinancing isn’t exactly a two-step process either. Unfortunately, it takes more than just a few phone calls or emails to refinance. Refinancing your mortgage is a process that takes time. But, if you follow this beginners guide on how to refinance my mortgage, the process is a lot easier. Keep reading and you’ll be a refinancing pro in no time. 1. How Read More…

Home Equity Line of Credit Vs Home Equity Loan
Home Equity Loans

Home Equity Line of Credit Vs Home Equity Loan – The Mystery Revealed

Home Equity Line of Credit Vs Home Equity Loan If you’re in the market for a loan, you need to make sure you find the best option for you. With homeowners wanting to get cash out of their homes, the home equity loan market is on the rise, as are home equity lines of credit. But what’s the difference between these two? In this article, we’re clearing up the confusion between a home equity line of credit vs home equity loan once and for all! What Is A Home Equity Loan? In a nutshell, home equity loans are pretty much second mortgages. In addition, Read More…

How to Get a Home Equity Loan With Bad Credit
Home Equity Loans

How to Get a Home Equity Loan With Bad Credit – 5 Steps You Should Do

How to Get a Home Equity Loan With Bad Credit Home equity loans are an increasingly popular way for homeowners to finance a big expense, such as a remodeling project, new car, or college tuition. Home equity financing often requires a good or excellent credit score for approval. So what happens if you have bad credit? Good news! It’s possible to get approved and here’s how.  Keep reading to learn how to get a home equity loan with bad credit. 1. Educate yourself On How To Get A Home Equity Loan With Bad Credit. Decide if a home equity loan or a Read More…

the best home equity line of credit
Home Equity Loans

The Best Home Equity Line of Credit – Complete Lender Review

The Best Home equity line of credit When you need a home equity line of credit, you have to be confident that you’re making the smartest financial decision. Making the wrong choice can cost you a lot over the life of your loan and become a big mortgage mistake. That’s why we’ve compiled a complete review of the best home equity line of credit for 3 of the top HELOC lenders. Let’s take a look. PNC Mortgage As a well-established retail and commercial bank headquartered in Pittsburgh, they have 2,600 retail branches across the US. PNC makes the application process easy. You can Read More…

how to find a home
Mortgage Purchase

How To Find A Home – 10 Easy Tips To Help You Enjoy The Experience

How To Find A Home Buying a home can be a stressful experience for many people. It can be particularly overwhelming for millennials who are entering the home buying market for the first time and comprise 35% of the market. Providing prospective home buyers with the necessary financial information on how to find a home can help make buying a house a more enjoyable experience. Here’s a list of 10 tips on how to find a home to help reduce your stress. Let’s get started. 10 Tips on How to Find a Home: 1. Improve Your Credit Score Your credit Read More…

how to get a home loan with bad credit
Mortgage Debt Advice

How To Get A Home Loan With Bad Credit – Follow These Easy Steps

How To Get A Home Loan With Bad Credit Bad credit.  A phrase that feels like a four-lettered curse word when used to personally describe our financial status. A late bill here and there. An accidentally missed payment one month that goes unnoticed. A few life situations that lead to overextending ourselves. A job situation that doesn’t quite go as planned.  So, one has to wonder what strategies exist on how to get a home loan with bad credit when I have all of these negative hits to my history. These situations are becoming more and more common as our Read More…

how to get a mortgage loan
Mortgage Purchase

How to Get a Mortgage Loan – 8 Easy Steps to Home Ownership

How to Get a Mortgage Loan The time has come for you to invest in your first home. Congratulations! Are you ready to take the next steps to learn how to get a mortgage loan you can afford? Owning a home is a big responsibility and a major financial investment, and it can be tricky to find the most affordable mortgage for your personal lifestyle and yearly income. Therefore, pay close attention to our these key tips for landing your first mortgage. 1. Debt-to-income Ratio First of all, using a debt-to-income ratio can factor into your mortgage affordability. It simply Read More…

how to find homes for rent
Mortgage Purchase

How to Find Homes for Rent – 5 Incredibly Simple Steps

How to Find Homes for Rent In 2016, about one-third of the U.S. population lived in a rental property, and there were about 42.58 million housing units that were occupied by renters. For many people, renting a home is an excellent choice when they don’t have enough money for making a down payment or ready to purchase one. With the growing U.S. real estate market, it can be a challenge to find a home that suits your needs. Some markets are somewhat costlier than others while other locations are quite competitive. Still, it’s possible to get a decent home to Read More…

the best fixed mortgage deals
Mortgage Purchase

The Best Fixed Mortgage Deals – How to Pick The Best For 2018

How to Pick the Best Fixed Mortgage Deals Buying a home is one of the significant financial obligations in life. For most Americans, getting a mortgage is the only convenient way to be a homeowner. Unfortunately, there are so many things that lenders consider when reviewing loan applications from borrowers. Some of these factors include credit score, credit history, mortgage points, income, and loan amount.  The good thing is that the interest rates have been dropping from 10.32 percent in 1989 to 3.65 percent in 2016. As of 2018, the rate offered by many lenders averages at about 4.5 percent for a Read More…