5 Useful Tips for Buying a House After Divorce
Before you start mortgage shopping, here’s what you can expect to face if you’re buying a house after divorce.
by total mortgage
Before you start mortgage shopping, here’s what you can expect to face if you’re buying a house after divorce.
Let’s take a look at private mortgage insurance, how much it impacts the cost of your mortgage, and how to avoid paying PMI.
When you need to refinance your mortgage, it’s common practice for lenders to have a home appraiser assess the value of your property. Appraisers will take into account several factors, such as square footage, the number of bedrooms, and the current condition of the house. Although you can’t increase the square footage or the number... View Article
If you’re in the market for a new home, you may be wondering if a flipped or newly constructed property is a worthwhile option. While each has the potential for significant advantages, it’s important to understand exactly what you’re getting into. In this article, we’ll explain why new or fixer-upper homes are worth it, what... View Article
By refinancing an inherited house, you could potentially lower your monthly mortgage payments or make necessary updates or repairs by accessing built-up equity. Here’s what you need to know when it comes to refinancing your inherited property.
Gift money is a cash donation (usually from a close relative) that you can use for your down payment, closing costs, and other fees. However, there are rules and requirements to keep in mind when using gift money during the loan process. In this article, we’ll cover everything you need to know about using gift... View Article
When the time comes to purchase a house, your credit score will play a critical role in your lender’s decision. So what’s the ideal credit score? The short answer: it depends. Various factors determine what credit score is needed to buy a house – and different mortgage products each have their own unique credit score... View Article
If you’re looking to start your homebuying journey, you may be wondering how different loan products compare and which one is right for you. Two of your most popular options will likely be an FHA (Federal Housing Administration) loan or a conventional mortgage. In this article, you’ll learn everything you need to know about FHA... View Article