Search results for “Debt”
Buying a Home With Student Loan Debt in 2022
How Do Student Loans Impact Your Finances? Your credit score is one of several factors that lenders look at when evaluating your financial profile for a mortgage. It is determined by how much debt you...
DTI: More Important Than Your Credit Score?
By definition, your debt-to-income ratio is a calculation of your total gross monthly debts or payments divided by your total gross monthly income. DTI is calculated both prior to a mortgage and with ...
Tips on Home Buying with Student Loan Debt
How Do Student Loans Impact Your Finances? Your credit score is one of several factors that lenders look at when evaluating your financial profile for a mortgage. It is determined by how much debt y...
5 Common Money Mistakes to Avoid in 2022
Not Having a Safety Net One of the biggest financial hurdles you may encounter is living from one paycheck to the next. This practice is all-too-common, but that doesn’t mean it won’t set you up for f...
Smart Series: What You Need to Know About Our Non-Qualified Mortgages
What is a Non-Qualified Mortgage (Non-QM Mortgage)? Simply put, non-qualified mortgages = non-traditional borrower options. Non-qualified mortgages (non-QMs) are ideal financing solutions for borrower...
7 Essentials for Good Personal Finance
Actually applying for a mortgage isn’t a lengthy process in and of itself, but it does take some legwork on the front end to make sure you’re prepared and well-positioned to get the best rate possible...
What is the Average Down Payment for a House?
Tip #1 Reduce Debt While you save some money for a down payment, you will also need to simultaneously maintain a good credit score. This is very important because it helps your chances of being appr...
Can You Refinance a VA Loan? Yes. VA-backed loan products are available for refinancing. These loans can offer quicker turnarounds because they are not dependent on the open appraisal market. They are...
Requirements for a VA Jumbo Loan VA jumbo loans require standard property and appraisal requirements. Additionally, the home must be a primary residence and it must pass basic inspections including fo...