Traditionally debt-to-income (DTI) ratios are the primary reason for loan declinations, especially for millennials, who are just entering the work force but have student loans and other bills. Additionally, self-employed… Read more >
Source: trulia.com | Re-Post Houterloot 7/6/2017 – Just because a lender approves you for a mortgage doesn’t mean you can comfortably afford it. If you ask Google “how much house… Read more >
Source: trulia.com | Re-Post Houterloot 6/22/2017 – Parental wisdom is easy to ignore until you’re left scratching your head over simple adult responsibilities like paying taxes and budgeting. (We all… Read more >
Have you ever wondered what you really need to have for a down payment on a home? Here is some information from our friend Chad Talpas with New Life Mortgage…. Read more >
Source: trulia.com | Re-Post Houterloot 5/25/2017 – Your loan term might be fixed, but it doesn’t have to dictate when you’ll be mortgage-free. Find out how to speed up the… Read more >
Looking to learn more about the mortgage pre-approval process? Here is our friend Cori Drudge from Ruoff Home Mortgage to answer some common questions about the process.
Source: usatoday.com | Re-Post Houterloot 12/6/2016 – While a 15-year mortgage seems a bit scary because you’ll have higher monthly payments, the long-term interest savings make it a great deal… Read more >
Source: thetruthaboutmortgage.com | Re-Post Houterloot 11/8/2016 – You may have heard that you can lower your monthly mortgage payment without refinancing via a “mortgage recast.” These two financial tools are quite… Read more >