Whether you’re short on funds or credit, or even a bit high when it comes to debt, that doesn’t mean owning a home is off the table. You have options. For example, you can jointly apply with another person, whether they choose to live with you or not. It’s called having a co-borrower or co-signer, and it can be the difference maker between mortgage approval and denial.
When buying a home, you’ll need to ensure the property has title insurance coverage. Just don’t get too caught up in the excitement of homeownership that you forget to do your research on types of deeds and warranty options. Let’s take a look at what property deeds are, what options you have, and how you’re protected as a homeowner.
Great news for homeowners and home buyers, as it was recently announced that 2019 conforming loan limits have increased. This means it's easier to qualify for a larger loan amount or access more equity. Here's what you need to know.
Depending on your loan type and down payment, seller concessions may be used for expenses that accompany the processing and securing of your loan. Let’s take a look at what seller concessions are and how they work.
At what point during the home purchase or refinance process does an appraisal happen? Is there anything you can do to maximize the results? Learn these answers and more with help from our home appraisal checklist.