30 Mar 2022 What Is a Good DTI for a Mortgage? If you’ve poked around the internet searching for information on getting a mortgage, you’ve likely asked yourself, “what is a good DTI for a mortgage, anyway?” Allow me to answer – but first, we should define your DTI and why it’s important. DTI stands for debt-to-income ratio. It’s the percentage of your gross monthly income […] Share on Facebook Share on Twitter
30 Mar 2022 3 Ways to Build Your Credit Score for a Mortgage We all know that your credit score for a mortgage is a key part of buying a home. Yet, many buyers are confused about the role their credit score plays in their journey to homeownership. Even if your credit score isn’t perfect or if you don’t currently have established credit, you can get a home […] Share on Facebook Share on Twitter
30 Mar 2022 What You Need to Know About Prepaid Closing Costs Few things beat closing day when buying a home – the thrill of getting the keys and knowing that you finally own your home! After getting pre-approved and elbowing your way through the market, you’re just a few signatures away from becoming a homeowner. There’s just one thing you may not have considered – prepaid […] Share on Facebook Share on Twitter
21 Sep 2021 What You Should Know About Renting vs Buying a Hou... It’s widely known that homeownership builds wealth. Yet, most people who are currently renting may feel that buying a home is out of reach. Weighing renting vs buying a house can feel overwhelming, especially if you’re a first time buyer. If you’ve been in the renting cycle for several years, you may feel like there’s […] Share on Facebook Share on Twitter
16 Sep 2021 New Refinance Options for Low Income Earners A mortgage refinance can lower interest rates, reduce monthly payments, and help you meet your financial goals. Unfortunately, many low-income homeowners have not been able to take advantage of the competitive market. Recently, Fannie Mae and Freddie Mac have announced new refinance options for low income earners that can now open the door for a […] Share on Facebook Share on Twitter
