When you apply for a mortgage, lenders execute financial calculations to determine whether or not you qualify for a loan. Therefore, you should become familiar with the debt-to-income ratio (DTI) before buying your home. This formula will help you understand what lenders are looking for when approving loans and how to ensure your financial health […]

Buying a house without a real estate agent can be scary if you do not know where to start. But, while it may not be easy to maneuver through without an agent, it is still possible to buy your dream house if you learn various tips and tricks. The tips will guide you in making […]

Today’s housing market is experiencing increased competition. With lower housing inventory and fast-moving buyers, bidding wars and competitive offers have become more common. As a result, buyers may need to act more quickly to have an edge in this crowded landscape.  One way to maintain that edge is knowing how to signal to a seller […]

“You’ve Been Pre-Qualified!” We’ve all received mailers and emails letting us know that our finances are in good shape to buy a house. The message usually goes on to say that you’re a great potential customer to become a homeowner. After a pre-assessment of your finances, credit history, and earning potential, a lender has determined […]

When you refinance your house, the new loan pays off the existing loan. The most obvious advantage of refinancing is helping financially strained borrowers to use some of the money from their home’s value to cater to other needs. This is especially helpful when you’re anticipating an increase in your budget.  Other benefits include shortening […]