It’s really fun to think about the financial goals, like buying a house or getting your dream car. It’s exciting! The last thing you want is to worry about anything getting in the way
A lower credit score could cost you up to $21k on the price of your home
May 17, 2018 by
Homebuyers with a lower credit score pay thousands of dollars more for the same home than a buyer with an excellent credit score.
How Your Credit Score Plays a Role When Buying a Home
January 9, 2018 by
There are several factors that go into the decision to approve or deny your mortgage request when you buy a home: your income, your debts, the appraisal on your chosen home, and your credit score are just some of the factor
5 Traits That Make Borrowers Good Real Estate Loan Risks
June 30, 2017 by
When a real estate investor applies for a real estate loan, the underwriter has to make a determination on whether that borrower, and the property he intends to finance with a loan, is a good risk
4 Ways Your Credit Score Impacts Your Home Buying Experience
May 29, 2016 by
Let’s take a look at why your credit score can make a difference in how you work through the process of trying to buy a home.
Why Buyers Back Out of Deals
July 15, 2015 by
There are many reasons that buyers back out of a signed purchase agreement. Real estate contracts can be complicated. They can include many contingency clauses allowing both the buyer and seller to get out of the contract after it’s signed but before the deal closes. However, it’s the buyer that backs out of almost one
Finding the Best Mortgage
May 11, 2015 by
A fundamental mistake many realtors make (even the most experienced) occurs when he or she first talks to a potential buyer. As soon as the realtor learns the potential buyer isn’t preapproved for a loan, they frequently do one of two things. Either they tell the potential client they don’t work with unapproved buyers or
Are Credit Score Requirements Too Strict?
May 14, 2014 by
Executives at FICO, the creator of a credit score widely used in the mortgage industry, say that the high credit score “cutoffs” that mortgage lenders imposed following the housing crisis are stricter than necessary.
