Posts Tagged ‘down payment’

Who’s Considered ‘Mortgage Ready’ in Today’s Credit Environment?

Who's Considered 'Mortgage Ready' in Today's Credit Environment?
Gone are the days of "Stated Income" and "No Doc" mortgage loans. Subprime loans, Alt A loans and the exotic mortgages programs developed for borrower's with tarnished credit, or borrower's who couldn't document income and assets are extinct. We are now in a credit world that has gone 'Back to Basics'. How does this compare to a year ago, and how does a borrower determine ... Full story

Twenty Terms You Must Know And Understand Before You Sign Off On Your Mortgage

Buying a home is a major achievement in anyone’s life. Pride of ownership, tax breaks, equity, and the ability to increase your wealth and net worth are just a few of the many benefits you’ll enjoy with your new home. Your home purchase may also be one of the largest you will ever make.  During the emotional excitement of buying a home, you may ... Full story

The Gift That Keeps On Giving

After the holidays pass and the excitement dies down, many people look for the best way to showcase, use, or re-gift things they may have been fortunate enough to receive. Renae France, however, received the gift of her first home this year, just in time for the holidays, and she has no intention of doing any returning or exchanging. “It feels good to invite family ... Full story
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