How Tax Returns Affect Your Mortgage Application
As it comes time to file a new federal income tax return, there are a few important items to keep
Preparing For the Home Buying Expenses
Buying a house is often a long and expensive process. You may look at several houses before finding one that
Shopping For A Mortgage loan Is MORE Than Just Interest Rate
For many of us, the most significant financial decision we’ll ever make is purchasing a home and securing a mortgage
Selling Your Property? Learn Why You Need a Real Estate Agent
A recent National Association of Realtors report, “Profile of Home Buyers and Sellers”, shows that 92 percent of the surveyed
Loan Ratio
A Guide to Loan-to-Value Ratio
Whether you are a first-time homebuyer in Texas or are looking for a loan to finance an additional property; to qualify your loan request, the lender will consider various factors such as your employment history, income, credit history and down payment percentage.
First Time Buyer
First Time Home Buyer Costs
Many home buyers believe that having saved enough for a down payment is all that they need for buying a new home. The notion, however, is far from truth as there are several additional costs associated with home buying, other than down payment. While some loans such as VA loans for veterans or USDA home loans may allow some closing costs to be rolled into the original loan, a homebuyer will likely still have other out of pocket expenses. Having said that, in this post we list five additional home buying costs that homebuyers must factor in at the time of buying a new home.
Myths
Myth #1 – I need 20% for a down payment. Truth: It is amazing how many people (current homeowners, first