What Makes up Your FICO Score?

Feeling like your financial fate is being determined by pesky, confusing digits? Credit scores are based on complex algorithms that take multiple factors into account such as payment history and

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What Are Prepaids and Closing Costs?

When purchasing a home, knowing every fee and cost is at the forefront of the buyer’s mind. However, understanding the ins and outs of each cost can be difficult. Let’s

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Divorce Loans: Making The Transition

As of the 2010 census, there were 56 million married couple households. Because the divorce rate ranges from 40-50%, a lot of people need divorce loans. That being said, we

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The Top 4 Reasons People Get Denied a HELOC

The Top 4 Reasons People Get Denied a HELOC Home equity lines of credit (HELOC) are a way for mortgage borrowers to access the equity in their homes without selling

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How To Choose A Mortgage Lender

You’ve decided you’re ready to buy a new home. The first step is choosing a mortgage lender. But how on earth do you go about finding the right lender for

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Refinancing at Any Stage of Divorce

Divorce is never an easy time. If you and your spouse are both listed on the family home, you have several options. Before you choose a divorce loan, it’s important

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Sellers Don’t Like FHA Loans

If you’re a first-time homebuyer, you may have heard that sellers don’t like FHA loans. You were probably left wondering why the seller would care about the type of mortgage

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How Long Is a Mortgage Pre-approval Good For?

In order to obtain a mortgage pre-approval, the buyer needs to provide their lender with a picture of their financial situation. They will also supply the lender with documentation –

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Why Does It Matter Where I Get My Pre-Approval?

As a consumer, you have a lot of choices when it comes to getting a mortgage pre-approval. You can go through your bank, go online, or go with a mortgage

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How Do Lenders Verify Income?

Regardless of where you get a mortgage, you will always need three things - income, credit, and money down - and you’ll need the proper documentation for each.

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