If you find yourself in the market to purchase a house in 2022, you are probably asking yourself if it’s a good time to buy a house. That’s a fair question. With rising interest rates, inflation, and home prices, it can feel like the card are stacked against you. However, there are opportunities in every …
Is The Housing Market Slowing Down? The housing market is finally beginning to show some signs of weakening in the United States, and I think that is a good thing! For the last two years thanks to record low-interest rates, supply issues, and the pandemic, the housing market has been on fire. However, like all …
Have you ever wondered how your employment history will affect your ability to buy a home? Many factors are considered when you apply for a home loan. Employment history is a big one, here’s what you need to know Can I Get a Mortgage Without a 2-Year Work History? Generally speaking, most lenders want to …
You may be wondering if your rental history will play a factor in your approval. How does where you’ve lived and how you’ve paid your rent affect your loan approval? Let’s dive in Do Mortgage Lenders Look at Rental History? Rental history is often overlooked in the mortgage approval process. Mortgage lenders and underwriters …
What are reserves in mortgage? Are you in the process of purchasing a house or you want to purchase a house but you’ve been told you need reserves? While many first-time home buyers are aware of their need for a down payment and even closing costs, you may not be aware of reserves. You may …
Buying a house in 2022 may be closer than you think. If you’ve been wanting to buy a house but you have no money for a down payment, there are options for you. One of the most dangerous myths about buying a house is that you need to have 20% or more saved for a …
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