The guidelines for obtaining a mortgage these days favor those who get a regular paycheck. Even if you have almost no money for a down payment, the lenders are happy to lend, if you are what they consider "employed". Doesn't matter that you may be laid off and not be able to find … [Read more...] about If You Are Self-Employed Do You Stand a Chance of Getting a Mortgage?
Mortgages
Guidelines for Your New Mortgage
As underwriting guidelines for lenders become more stringent, we need to re-examine what a good mortgage application looks like. As you begin your search for a home, there are a few items that you should be aware of that will help get your loan approved - and with the best … [Read more...] about Guidelines for Your New Mortgage
Don’t be a Home Buying Victim
A lot of borrowers will quite innocently cause the downfall of their mortgage. Â You can avoid potential problems by following these 10 simple commandments: … [Read more...] about Don’t be a Home Buying Victim
