A home is an essential aspect of the American Dream, but it is often a dream for those with credit issues. The thought of being shackled by a low credit score may make you believing that the goal of owning a home is not possible. But here’s the twist: a low credit score will not...
Many people want to buy a home but think it’s impossible because they don’t have the money for a down payment. Traditionally, lenders require you to put 20% down. But a 20% down payment adds up to a lot of money. For example, if you plan to buy a $150,000 home, you’ll need to...
You’ve been working for weeks on documents to submit your mortgage application. Now that you’ve been approved for the loan now is the time to discuss numbers. When you first look at the document that outlines the details of your monthly mortgage payment, the word PMI grabs your attention. It’s about $100 per month but you’re not sure...
