The Hidden Costs of a Mortgage: What No One Tells You! Loan Fees and Closing Costs - what's the difference? Understanding the Hidden Costs When Buying a Home When you're buying a home, everyone talks about the excitement of owning property, but no one really dives into the … [Read more...] about The Hidden Costs of a Mortgage: What No One Tells You!
Mortgages
Why Are Mortgage Guidelines So Strict and Unyielding?
Why Are Mortgage Guidelines So Strict? Let’s first talk about what a lender's “underwriter” is, since I’ll be using that term throughout this post. An underwriter is an individual at the bank who reviews your loan application and financial information to decide if you qualify … [Read more...] about Why Are Mortgage Guidelines So Strict and Unyielding?
How to Break into Real Estate Without Showing Income
Here's how to Break into Real Estate Without Showing Income. Imagine this: You’ve been dreaming of investing in real estate. You’ve got the 20% down payment saved, your credit score is solid, and you’re ready to take the plunge. There’s just one problem: your income isn’t … [Read more...] about How to Break into Real Estate Without Showing Income