Choosing the right lender can make or break the home-buying experience. But if you've already begun the process with one mortgage company, can you switch to a different lender for your loan?
Using retirement funds to buy a house will likely lead to penalties and a larger tax bill. It can also reduce your account's future earning potential.
USDA guidelines set waiting periods for obtaining a mortgage following adverse credit events such as bankruptcy, foreclosure, and short sales. However, compensating factors and proof of extenuating circumstances may help you qualify sooner.
Requesting seller concessions to pay for a rate buydown can lead to greater monthly and lifetime savings than requesting a lower purchase price.
Lowering your interest rate from 7% to 6% will reduce your principal and interest payments by 9.88%, saving the typical US homebuyer around $250 per month.
Can a Reconsideration of Value (ROV) help increase your home's value for a mortgage?
We dug into the numbers to find out what someone needs to make to potentially qualify to buy a $300,000 home.
USDA loan pre-approval provides an accurate idea of the loan size you may qualify for and gives you a competitive advantage when making offers on homes.
