Mortgage Blog

Can Market Rents Count Towards Your Income On a Mortgage Application?

R income. given these circumstances, you may need to prepare a larger down payment than most applicants.if you are just starting, you may run into lende

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Can You Buy a Home Without a Credit Score?

surefire way to purchase a home without a credit score.increase your down paymentwhen you purchase a home, you must pay for a portion of the property’s

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How Do You Get a Mortgage for a Rental Property?

Ing a rental property, you may also want to consider the size of your down payment. while the typical minimum down payment on a rental mortgage is 20%,

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Does It Hurt Your Credit to Compare Multiple Mortgage Quotes?

expected credit score, current debts, mortgage loan amount required, down payment, loan term, and type, property value, and more. you can then receive

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How to Understand Your Mortgage Agreement

Erty for less than $1,000,000 inclusive of all amendments and if your down payment is worth less than 20% of the total value of your home, while seeking

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Rent or Buy in an Overheated Market?

Oose to continue renting in hopes of being able to save up more for a down payment. the reality is that given the cost of living going up with inflation

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What Can You Do If Your Appraisal Comes Back Low?

Ce. if the appraisal you receive is lower than expected, your minimum down payment might increase to make up for the difference.if you find yourself in

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Everything You Need to Know About Mortgage Payment Schedules

Mortgage broker to learn about your pre-payment options.make a larger down paymentthe more money you put down, the less money you have to borrow. a smal

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Perspectives of the Commercial Real Estate Market in 2022

Omfortable with the potential of working with alternative lenders.the down payment, asking price, and mortgage rate of a commercial property will likely

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Emergency Mortgage Loans Explained

Etrimental to that goal.make sure you can afford the minimum required down payment on your property. it is always wise to put down at least 20% of the a

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Top 3 Mortgage Myths Debunked

20% down is a must to purchase a homewhen purchasing a property, your down payment can be any size you want it to be, so long as it falls above the mini

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Process of Applying for a Mortgage

Ou have a low credit score, you will be required to put down a larger down payment in order to reduce the risk to your lender. having a score over 700 m

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