Self-Employed? Here's How to Get a Home Loan
A critical factor for qualifying for a home loan is your income. Understandably, lenders need to know that you have a stable income that allows you to sustain a mortgage. While traditional homebuyers can prove this easily with a standard W2 from their employer, a self-employed borrower...
What is a Second Mortgage and What are the Benefits?
Owning a home is one of the best investments you can make in your lifetime, but sometimes the budget can get tight. Along with the typical home-related bills like mortgage note payments, household utilities, and any required repairs—there's also the additional financial...
Home Improvements That Improve Your Home's Value
An appraisal impacts both getting a new mortgage or refinancing your current one. A licensed professional evaluates the monetary value your home, providing documentation that your home is worth the amount of the loan.
Try these upgrades to make the best impression for your...
Don't Skip a Home Inspection, Try This Instead
When you're trying to buy a home in a competitive market, it's tempting take to bold actions. Offering more than the asking price is one strategy, but there's another more extreme action that you may end up regretting: waiving the home inspection.
Find out the pitfalls to skipping...
How to Remove the Monthly Expense of PMI
Though no one welcomes this added expense, it's often a necessary compromise when purchasing a home or refinancing. The good news is that it doesn't last the entire life of the loan. In fact, there may be actions you can take right now to get rid of PMI sooner!