Can you get a mortgage if you are self-employed? When you don’t have a W-2 and pay stubs how can you show your lender you’re a worthy credit risk?
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Generally, when you buy a home, you are expected to make a down payment. However, in some cases it is difficult to come up with the money you need for a down payment. The good news is that, in some cases, it’s possible to get help from your lender.
Often, when we start looking for a home, we get hung up on the price of the home, but before you decide on a big number, instead look at how much you can afford each month.
Want to cut years off of your mortgage and save thousands of dollars? I certainly do, and that's why I'm starting a Smith Manoeuvre immediately.
Part of the blame for the real estate crash has been placed on consumers looking to get more “bang for their buck” by using creative mortgage financing methods to afford bigger houses. How big of a house do you need?
As you can see, there are a number of steps that you need to take when considering your mortgage and how to find it. Applications for mortgages have shot up to a three-year high according to reports, and it’s certainly a time to be considering taking one out. Follow all these steps and you’ll be well on the way to getting the best mortgage for your needs.
Oh yah, the new mortgage payments or increased rent costs have hamstrung your housing budget for the foreseeable future, so what is a guy/gal to do when it comes to picking out furniture to fill this new not-so-humble abode?
Before you start shopping around for a home, it's a good idea to receive a pre-approved mortgage from a lender. However, as you prepare to borrow to buy, you need to make sure you aren't confusing pre-qualification and pre-approval.
I think one of the new strengths of Young and Thrifty is the wide variety of experiences that both “Young” and myself bring to the table. Perhaps the best example of this is in our mortgage situations.
If you are looking for a lower interest rate, but also want a fixed-rate period, you can consider a hybrid loan. In certain circumstances, hybrid loans can provide advantages for borrowers.