Mortgages

An even bigger mortgage mistake is waiting until you have enough money for a 20% down payment. It's true that when your down payment is less than 20%, your mortgage will cost you more, but if you wait, the financial benefits you realize by owning rather than renting will be … [Read more...] about Mortgage Mistake #2 – Waiting Until You Can Make a 20% Down Payment

It’s not the house hunt that scares buyers off, it’s applying for a mortgage. It’s easy to mess up. Today is Mortgage Mistake #1 of a 5-part series. Mess up #1 - Moving money from one account to another. Many of you have heard that if you move your home-buying funds from one … [Read more...] about Mortgage Mistake #1 – Moving Money Around

Mortgages for self-employed borrowers. What does that mean? If you are a self-employed borrower, is it more difficult to get a mortgage? Let’s first look at the definition of self-employed. Mortgage lenders and tax preparers look at that term differently. Maybe you work … [Read more...] about Are you Considered Self-Employed? A Mortgage Lenders Viewpoint.