A natural practice for most of the population is loans. Even with relatively high salaries and a stable financial situation, residents of large and small cities acquire the bulk of things on credit. Demand creates supply: all banks, large and small financial organizations, developers offer their own lending option on the most favorable terms. Such
Bank of America announces $0 origination fees for low-income borrowers
May 24, 2019 by
As lenders struggle with the impact of reduced home sales on the mortgage business, some banks are coming up with new ways to make their offerings more attractive to borrowers. The Bank of America for example, recently said it would give “eligible borrowers” up to $10,000 to be used towards their down payment or closing
Don’t worry about adjustable-rate mortgages, experts say
February 6, 2019 by
Housing analysts have raised concerns that borrowers are becoming increasingly reckless when taking out so-called adjustable-rate mortgages, similar to the way they were abused in the years before the Great Recession more than a decade ago. The problem is that borrowers are asking for much higher loan amounts than they have been in recent years.
How to Make Sure You Get the Best Home Loan Possible
October 16, 2018 by
Finding your dream home is just one part of the home purchase process. The other part is finding a home loan that fits your needs and your budget.
The 6 Steps for getting A Home Loan
January 24, 2018 by
Having a home to your name is the best thing you can have but getting from the homeownership dream to actually owning a home is a tough journey. With financial trouble right in the middle of home ownership and the fact that home ownership isn’t cheap or getting cheaper,
5 Tips to Obtain a Home Construction Loan
July 3, 2017 by
A home construction loan might be for you if the current residential market isn’t meeting your needs. Building your own home beginning with the site selection up
The top 10 easiest cities to secure a mortgage in the U.S.
August 30, 2016 by
It’s not easy securing approval for a mortgage these days, especially if you’re one of the millions of Americans that lacks a decent credit score
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.
First-Time Home Buyers: What You Need to Know about Your Home Loan
April 12, 2016 by
Sweet anticipation that gets more intense as each second goes by and first-time homeownership grows near is natural but must be mixed with healthy fear.
Many renters wrongly believe they can’t buy a home
February 12, 2016 by
A new survey by Bankrate.com has found that almost half of renters haven’t looked into buying a home because they believe they won’t qualify for a mortgage, but that isn’t always true, the company says.
