Real Estate News 7/1/19
Consumers continue to be under a lot of wrong assumptions about what it takes to get a home loan —and that may be holding some back from even trying. Most consumers still overestimate the minimum credit score and down payment needed to qualify. They also remain unfamiliar with...
3 Numbers That Matter The Most on Home Loan Applications
There are three numbers that matter the most when it comes to a home loan application. They are your credit score, your debt-to-income ratio, and your loan-to-value ratio. These specific numbers matter because they affect your ability to qualify for a home loan as well as your interest...
Real Estate News 6/24/19
A recent survey by Freedom Debt Relief concluded that 28% of Americans said the biggest barrier to buying a home in 2019 is the cost of a down payment. Additional barriers reported by those surveyed include a lack of savings (27%), the cost of a monthly payment...
Stop! Don't Delay Closing Your Loan With These Mistakes
You found the dream house, got approved for a mortgage at a payment you can afford and are now just waiting to close. Time to take it easy --maybe start shopping for new appliances or even look into taking that new job that's closer to your new home.
Making certain decisions before your...
Real Estate News 6/17/19
First American Financial Corp released the March 2019 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on consumer house-buying...