Nov07No Comments
Refinance Checklist: The Basics
Before you refinance, make sure you’re properly prepared. Documents you’ll need: Mortgage promissory note 2 months of pay stubs 2 years of W2 forms 2 months of assets statements (e.g. checking, savings Choose your refi type Cash-in: Used to lower...
Nov07No Comments
Watch Out for Refinance Obstacles!
Refinancing your mortgage is usually easier than getting a new mortgage, assuming you’re able to refi in the first place. However, refinancing can still be difficult if you don’t handle common problems in the correct way. Here are five refinance...
Oct02No Comments
Home Selling Tips During Tough Times
Selling a home is always challenging, but the process becomes even more challenging when it’s a down housing market. No matter what the state of the housing market is, you can always improve your home’s appeal in order to help it sell quicker. ...
Oct02No Comments
Should I Lock My Mortgage Rate Now?
It’s no secret that mortgage rates are constantly fluctuating. This can be tricky for home buyers who are waiting to buy until they can secure the lowest possible rates. You may be watching the numbers go up and down by a few hundredths of a percentage...
Oct02No Comments
Calculating Debt to Income Ratio
Your debt-to-income ratio or DTI is the resulting percentage of dividing your monthly liabilities by your monthly income. Lenders use this number to qualify you for a specific mortgage loan amount. Most mortgages now have a maximum back-end DTI ratio...
