Tag Archives: credit report

How Do You Shop Around for a Mortgage?

Part of Homebuying 101

Does shopping for a mortgage get your nerves in a tangle or give you little fizzes of excitement?  The reality of shopping for a mortgage is that it will feel different than poking through online listings, driving around suitable neighborhoods…

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National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.

Debt-to-Income Ratio: What is it and How is it Used by Lenders?

Part of Money Matters

When you are thinking about buying a house, you’re probably envisioning the memories you’ll make in your new home, the great family dinners and nights hanging out with friends. Your thoughts may not initially stray into terms like “debt-to-income (DTI)…

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What to keep an eye on as home sales fall and prices rise

Existing home sales fell 3.4% in May while the median home price rose above $400,000 for the first time, according to data just released by the National Association of Realtors (NAR). Despite the headlines, these numbers aren’t necessarily a reason to panic.

When Does a Mortgage Pre-approval Expire?

Part of Homebuying 101

Can you think of one of the earliest and most important steps involved in getting a mortgage? If you guessed getting a mortgage pre-approval, you’re right. You may think that getting a pre-approval involves mounds of paperwork and a deep…

Next Up!
National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.

How to Calculate Debt-to-Income Ratio (DTI) Yourself

Part of Homebuying 101

When you first thought about purchasing a home, you probably jumped online to do some basic research. You may have wondered about what information you need to share with a lender or mortgage broker to buy a home. Here’s one…

Next Up!
National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.

What is a Mortgage? A Guide for Beginners in 2022

Part of Homebuying 101

Getting a mortgage may seem like a complex task with many layers and steps involved. However, the first step to breaking down the process involves answering the most basic question: “What is a mortgage?” Understanding the very basics of mortgages…

Next Up!
National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.