Don’t Leave Out These Important Contingencies in Your Purchase Contract
Buying a home means more than negotiating a sales price. You have to work out other important details that sometimes are even more important than the price you pay. You need what they call contingencies in your contract. Without them, you leave yourself at risk for...
read moreAre you Ever too Old to Qualify for a Mortgage?
Can you be too old for a mortgage? According to the law, you cannot. A lender cannot discriminate against you for your age. But they can deny your application for other reasons, such as credit issues or debt ratio problems.Compare Offers from Several Mortgage...
read moreWhen is the Appraisal Ordered in the Loan Process?
An appraisal is necessary to ensure there is adequate collateral in a home. Your lender will require the appraisal prior to clearing your loan to close. At what point does the lender order the appraisal, though?Looking for Current Mortgage Interest Rates? Click...
read moreWhich Combination of Factors Would Result in the Lowest Monthly Mortgage Payment?
You are ready to buy a home, but you worry about the monthly payment. Will you be able to afford it? How can you keep it as low as possible?Compare Offers from Several Mortgage Lenders.While a mortgage payment is a big undertaking, there are ways to help keep it as...
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