by johanneswilhelmusvandenberg | Oct 13, 2021 | Uncategorized
Have less-than-optimal credit? That doesn’t necessarily mean you have to put your dreams of homeownership on pause. There are several factors that mortgage lenders consider when you apply for a loan, and there are even options available specifically for those...
by johanneswilhelmusvandenberg | Oct 13, 2021 | Uncategorized
A lien is a property right someone else has on your property and gives the lienholder legal power to take your property as compensation if you default on your payments or break the contract terms. A mortgage is the most common type of property lien. If you don’t...
by johanneswilhelmusvandenberg | Oct 13, 2021 | Uncategorized
Your credit score matters in home loan approval and determining the rate you ultimately receive. Essentially, the higher the score, the lower the interest rate. That’s why you must consider any action that might affect your score, such taking out new credit....
by johanneswilhelmusvandenberg | Oct 13, 2021 | Uncategorized
An interest-only mortgage starts with payments that only pay down the mortgage interest. Generally, this makes your monthly payments lower than a typical mortgage payment. This option is attractive for those who cannot afford high mortgage payments. However, it has...
by johanneswilhelmusvandenberg | Oct 13, 2021 | Uncategorized
Veterans have benefits awarded exclusively to them for their dedication and service, including disability and education compensation, career training, health care, and even home loans. However, with federally-funded home loans, there is more than one option. When it...
