Do Lenders Verify Employment the Day of Closing?

Do Lenders Verify Employment the Day of Closing?

Lenders always verify employment before you close on a loan. It’s not enough to supply your paystubs or even your tax returns. Lenders need to hear from a third party that you are employed. This helps the lender determine that your income is as accurate as you...
How Will the New Tax Laws Impact Homeownership?

How Will the New Tax Laws Impact Homeownership?

Mortgage interest tax deduction has always been one of the best incentives of homeownership. So how does President Donald Trump’s new tax rule change all this?If you are a current homeowner, planning to purchase, sell, or move in the near future, you need to be aware...
So You Have a House Now. What Else Do You Need?

So You Have a House Now. What Else Do You Need?

So now you’ve got your priced house key finally on your hands. After months of waiting and negotiating and signing seemingly endless real estate documents, you’re finally free to move in and settle into a new life. You might think: ”The worst is over.”Or so you...
Homeownership Costs Every Home Buyer Need to Prepare For

Homeownership Costs Every Home Buyer Need to Prepare For

Buying a home comes with costs that you need to prepare for. Every home buyer should save more than enough funds in order to cover out-of-pocket fees that come with home buying a home.It’s true, there are low- to no- down payment mortgage options for low-income...