How do I get a mortgage?

How Do I Get A Mortgage? Qualifying for a mortgage requires meeting particular guidelines. To Qualify, every borrower must show ability to pay, willingness to pay, and credit worthiness. There are different ways to qualify as long as the basics are met. Your first step should be to speak with a loan officer and see what documentation you will need for the loan. (How do I get a mortgage?)

Home Buyer Articles

Should I Pre Qualify With My Husband As First Time Buyers?

My husband has a lot of debt, should we try to buy our home together? We are first time home buyers and want to buy our first home, but don't know what to do. (Get Prequalified)

first time Home buyier information

Buy A Home After Bankruptcy - With Co Signer Or Wait

I want to buy a home after bankruptcy. Can I buy it with a co-signer or will I have to wait? Buying a home after bankruptcy - several options. Wait or have someone else buy home for you and you rent from them. Fannie Mae guidelines state that you must wait two years from the filing date of the bankruptcy to be eligible to buy a home. The BK must be discharged as well. (Buying a home after bankruptcy)

Home buying articles

How Can I Find An FHA Lender With The Lowest Closing Costs?

Find an FHA lender with the lowest closing costs. Start with knowing what closing costs to expect then shop for a FHA licensed mortgage lender or mortgage broker. You may want to speak with a few FHA lenders before you make your final decision. (What is the best FHA loan)

FHA articles

Home Buying Articles

I Am Self Employed With Tax Write Offs - How To Calculate Income

To qualify for a mortgage how do self employed small business owners with tax writeoff calculate their income? Buying a home while self employed is harder than if used to be if you do not have much money in the bank and you write everything off. You will now have to show income to the mortgage underwriter if you want to buy a home. Lenders have tightened down lending criteria due to the recent mortgage meltdown.

I'm self employed, can I get a mortgage?

Has The Housing Crisis Hit Bottom?

The U.S. Housing Crisis is really bad - that's all we hear in news day in and day out. Foreclosures, too many houses for sale, another mortgage company filing for bankruptcy - when will it all end? To tell, take a look at historical data and compare to what is happening in many markets across the country. Buying in a down market is a great long term move, is it time to buy your dream home? (click for Full Story)

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I Want To Buy A House But I Don’t Have Any Money!

You are renting, do not have any money and you want to buy a home. Sounds great, and you should check out buying a home! One of the first steps to wealth is owning your own home. Check out FHA Purchase Home Loans. (click for Full Story)

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Give Up The Escalade and Starbucks to Buy a Home

If you are looking to qualify for a mortgage - there's two things to check that could make a significant impact on whether you qualify for a mortgage or not. Evaluate your car payment and evaluate how you spend your money on a daily basis. (click for Full Story)

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Your First Step - Get Pre Qualified for a Home Loan Before You Shop With a Realtor

Getting all dressed up for the dance and having your date not show up can be really upsetting. So can finding the dream home only to find out after your sales contract that you do not qualify to buy it. Start with your finances first, then you will know what you are capable of purchasing and can set your eyes on the right properties. (click for Full Story)

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I Want To Buy A Home - Important Factors When Considering Making An Offer

Before making an offer on a home, no matter who is selling it, make sure you protect yourself with several different inspections. Find out which type and more in this article. (click for Full Story)

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Buying A Home in a Declining Market – When Should I Buy?

Buying a home in today's market can be tricky business. Depending on your reasons for purchasing, you may or may not want to buy during the times when the market declines. (click for Full Story)

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Work With a Real Estate Agent – Shop With Your Feelings

Once you have picked an agent to work with, you will want to start looking at home getting a feel for what you want. At this stage, let your feelings and emotions tell you what homes go on your "see again" list. (click for Full Story)

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FHA Home Loans: How to Qualify

Following the Mortgage Meltdown of 2007, FHA loans have become extremely popular for first time home buyers, and many move up buyers. Find out how to qualify for a FHA loan to help you save time and money both important during the home buying process. (click for Full Story)

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I Want to Buy a Home, But Where Do I Start?

So you’re gonna’ buy a house. There are quite a few mortgage programs that allow for different ranges in credit history. The better your credit, the better the loan. Get started on a better loan program today. (click for Full Story)

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A First Time Homebuyer Mistake - Making Major Financial Purchases Before Settlement

Being a first time home buyer is very exciting. Do not make changes in your financial situation after you apply until you get your mortgage. (click for Full Story)

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What Questions To Ask When Shopping For A Loan Officer

Many of the problems in the mortgage and real estate industry are a result of inexperienced loan officers selling products that they had no knowledge of to people who had never had a mortgage before. Make sure you shop for your loan officer as much as you shop for the best interest rate. (click for Full Story)

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Fixed Rate Mortgage, Conventional Mortgage, 30 year Fixed

Fixed Rate Mortgages are the most common mortgages ever sold in the US. These mortgages started with our great grand parents and have been handed down for years. In today's society, are they really worth it given we move to a new home every 5 to 7 years? (click for Full Story)

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How to Save On Your Private Mortgage Insurance - PMI

Private mortgage insurance is typically required when you get a conventional loan from Fannie Mae and Freddie Mac. PMI is an extra payment that can be avoided in some situations. This article covers ways to avoid PMI. (click for Full Story)

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Are No Cost Mortgages A Real Deal

No Cost Mortgages - Are They The Real Deal? The only real deal in a no cost mortgage is that your monthly payment will be higher than if you go a regular cost mortgage. Do get fooled by this tricky and misleading advertising. (click for Full Story)

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Should I Use A Mortgage Broker?

With all the stuff in the news this year about the mortgage industry and subprime loans it is no wonder why the mortgage and housing markets have come to a screeching halt. If I were looking to purchase a house in today’s market, I would be nervous too. Who can you trust? (click for Full Story)

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