A mortgage is one of the most expensive purchases you'll make in your life, and for many, the idea of being indebted to it for years can seem like quite a burden. However, while you won't necessarily be able to pay off your home with instant savings, there are ways that you can pay it down more quickly. If you're wondering how to drum up some extra money for your mortgage, you may want to consider the following options. Refinance Your Mortgage One of the best ways to get a hold of extra funds is … [Read more...]
Til’ Debt Do Us Part: How to Get a Mortgage If One Spouse Has A Poor Credit Score
A poor credit history is a reality for many people, but it can be particularly daunting when it comes to investing in a house. Fortunately, simply because you or yours have experienced bad credit doesn't mean that you should be penalized in the future. If your spouse has struggled with bad credit in the past but you're both preparing to move forward and invest in a home, here are some tips for getting it together financially. Face The Music Many people who have bad credit are too scared to take … [Read more...]
Are You ‘Mortgage Pre-approval Worthy’? Learn How to Assess Your Finances in 10 Minutes
Finding the right home and the right mortgage can take a lot of time and energy, so it's important to consider whether you'll be prepared for approval before diving into the process. Whether you've had some financial setbacks or you just want to have an idea ahead of time, here are some ways to quickly determine if you'll be pre-approved for a mortgage. Do You Have A Down Payment? You may have heard that the ideal down payment amount is 20% of the cost of the home, but this doesn't mean you have … [Read more...]
Your Debt-To-Income Ratio and How It Affects Your Mortgage
When you're delving into the market in the hopes of finding your dream home, it's likely you'll come across the term debt-to-income ratio. This may not seem important at first, but your DTI is the key to determining the amount of money you can put into your home and just how much you should spend on a monthly basis. If you're curious about what this means for you, here's how to calculate it and how it can impact your mortgage. What's Your DTI Ratio? One of the best ways to determine whether or … [Read more...]
- « Previous Page
- 1
- …
- 12
- 13
- 14
- 15
- 16
- …
- 26
- Next Page »
