Feeling a little lost as to what you should do when applying for a mortgage? The goal is to be able to prove that you’re financially stable enough to pay the loan you’ll be taking out on your home. Lenders want to see that your credit is in good standing and that you’re financially stable. Here’s […]
Tag Archives: Loan
Today in this day and age, society lives in a credit based world. Almost everything you want to obtain is based on your credit score. Buying a home, buying a car, school loans, even employment can be based on your credit score. So isn’t it important to know your credit […]
Interest rates may currently be at a historic low, but they won’t remain that way forever. The cyclical nature of interest rates dictates that eventually the rates will rise again. It’s not a question of “if” so much as “when”. During the recession, interest rates dropped to around 4%(right now they are at about 4.5). […]
Insightful article on http://www.philly.com about the January moratorium preventing banks from foreclosing on homeowners and businesses, who allegedly owe money. Currently the city is attempting to reorganize their foreclosure program as officials are searching for $50 million which went missing from the program under former sherif, John Green. A must read for anyone interested in foreclosure […]
Financial planning should be the first step taken in the home buying process. Many potential homebuyers find themselves unsure as to what are the best ways to save cash for buying a house or how to even begin the process. Most first time home buyers find that they are unsure where they stand financially, in terms of […]
An article published on Yahoo! Finance, outlines the potential changes that may occur in the housing market and the government’s role in helping people buy their homes. With the economic recovery starting to pick up steam, policymakers are now devising different ways to avoid a housing bust like we saw in 2006. Currently almost every […]
