Automated Underwriting System Approval: Your Fast Track to a Home Loan in 2024 The automated underwriting system approval is a valuable asset that can bring you one step closer to owning your ideal home or refinancing your existing one. Whether buying a new house or looking to lower your mortgage payments, understanding how AUS works…
What You Need to Know About the Down Payment Requirement in 2024: Your Complete Guide to Home Buying Success Buying a home is one of the biggest milestones in life, but let’s face it—coming up with a down payment can feel like a huge hurdle. Whether you’re a first-time homebuyer or looking to upgrade, saving…
Can I Qualify for VA Loan with High DTI in 2024? Are you a military member interested in finding out if you are still eligible for a VA loan even if you have a high debt-to-income ratio (DTI)? You’re not alone—this is one of the most frequently asked questions we get from veteran borrowers. The…
Conventional Versus FHA Loans: Which Is Best for You in 2024? When purchasing a house, selecting the appropriate mortgage is a significant choice. The two most popular mortgage options are conventional loans and FHA loans. If you’re a first-time homebuyer or trying to figure out the best way to finance a new home, you’re probably…
How Can Secured Credit Cards Help You Rebuild Credit and Qualify for a Mortgage in 2024? If you dream of buying a home, you might wonder how to boost your credit to qualify for a mortgage. Good news—rebuilding credit isn’t as hard as you think, and secured credit cards are a powerful tool to get…
Qualifying for a Mortgage Loan With Judgment: Your 2024 Guide If you’re trying to get a mortgage loan with a judgment on your credit report, you might think it’s impossible. The good news? It’s not! Even with an outstanding judgment, you can still qualify for a conventional or FHA mortgage. Still, there are specific steps…
VA Cash-Out Eligibility Guidelines: Your Complete Guide for 2024 When it comes to refinancing your home, the VA cash-out refinance is one of the best options out there for veterans and active-duty service members. The VA cash-out refinance program in 2024 enables homeowners to access their home equity through a 100% cash-out refinance, offering competitive…
VA Guidelines After Bankruptcy: Qualifying for a VA Loan in 2024 If you’ve experienced bankruptcy, don’t give up on your dream of homeownership. The VA loan program offers one of the most flexible and forgiving paths to homeownership, even after financial setbacks like bankruptcy or foreclosure. For veterans and active-duty service members, the VA loan…
Best States to Move To in 2024: Why are Americans Moving and Where They’re Headed? The coronavirus outbreak in February 2020 has changed the way we live forever. The whole country shut down due to the coronavirus outbreak or so-called pandemic. A lot of fear-mongering was going on by most state governors. The landscape of…
Discount Points: How to Buy Down Your Mortgage Rate in 2024 Buying a home is one of the biggest financial decisions most of us will make. While locking in a good mortgage rate is a priority for most homebuyers, not everyone knows that you can lower your interest rate even more by using discount points….
If you’ve had a timeshare foreclosure, don’t worry—you can still buy a home without a long waiting period. Most people think a timeshare foreclosure is just like a mortgage foreclosure, but that’s not true. In this post, we’ll explain how a timeshare foreclosure differs and why you may not need to wait years to get…
Are you dreaming of owning a home that needs some TLC? Or you’re a homeowner looking to renovate and make your house your dream home. Consider the FHA 203k Mortgage Loan program as a potential option. With this loan, you can fund the purchase (or refinance) and the remodeling of a home using a single…
Whether buying a new home or refinancing your current one, a home appraisal is a critical step in the mortgage process. But the appraisal process can feel confusing and even a little intimidating if you’re like most homebuyers or homeowners. Don’t worry—we’ve got you covered! In this guide, we’ll break down everything you need to…
Verification of Rent: Why You Need it When Getting Approved for a Mortgage in 2024 Buying your first home is one of the biggest steps you’ll ever take. And if you’re like most people, you’ve been renting until now. Lenders look at many things when deciding whether to approve your mortgage application, but did you…
Can You Get a Mortgage with Late Payments? Here’s How to Make It Happen in 2024 One of the most significant financial actions you’ll ever make is purchasing or refinancing a home. But what if you’ve had late payments in the past? Can you still qualify for a mortgage with late payments on your credit…