Is Refinancing With Poor Credit Possible?
With rates at incredible lows, Americans across the country are refinancing their mortgage. But if you have poor credit, you may be wondering if it's possible.
Refinancing with a low credit score isn't the ideal position, but it is possible. Here's everything you need to know...
Should You Get Your Home
Most homes have an element that could use some improvement before putting on the market. Perhaps the wood flooring is looking scratched and dingey. Or the tub and shower are showing their years. Or maybe the shingled roof is making your home look outdated.
No matter what needs...
What Happens When You Don't Pay Property Taxes?
Property taxes are a given when you own your property. Some homeowners choose to roll the taxes into their mortgage payment and let the lienholder pay when they are due. However, some prefer to pay it themselves.
Here is what may happen if you do not pay your property taxes.
What is "Property...
7 Myths About Foreclosure -- There's Good News!
The idea of your home getting foreclosed on can send a chill up your spine. It's understandable. Thinking that a bank shuts you out of your home with ruined credit is an awful thought.
But here's the reality check: Not everything that you've heard about foreclosing is true. Here are...
Tips for Investing in Real Estate During A Recession
For real estate investors, waiting for the market to stabilize is usually the way to go. But considering the current pandemic, stabilizing could take some time. And with so much real estate opportunity on the horizon (and currently), waiting may not be something you want to do.
Pro and Cons of Listing Your Home For Sale During the COVID Outbreak
Springtime is the most popular time for homeowners to list their homes for sale. However, given the health crisis (and financial crisis for many), you may be wondering if it's still a good idea to sell your home this spring. What are the pros and possible pitfalls of selling your home during...
A Pocket Guide to Protecting Your Credit During Coronavirus
Your credit plays a key role in financial opportunities, today and in the future. Understandably, the current pandemic environment is making it more challenging. But still, there are actions you can take to protect your credit.
Here are tips that the Consumer Financial...
Can I Still Get A Mortgage If I Lost My Income Due to COVID-19?
Unfortunately, our unemployment rate has risen significantly these past weeks, and it appears that it may continue this trend a bit longer before it starts to de-escalate. What does that mean for home buying hopefuls? How does losing your job affect your ability to get approved for a...
Alternatives To Forbearance for Paying Your Mortgage
In our last post, we shared details about the CARES ACT --the new government law that helps to ease the burden of mortgage payments during the Coronavirus. If you missed that post, search our archives to learn more about who qualifies. Although there are many benefits to the CARES ACT,...
What To Do If You Can't Pay Your Mortgage During the Coronavirus Crisis
The CARES Act eases the financial burden on homeowners with government-backed loans. Homeowners with these loans and have lost income due to the COVID-19 can suspend mortgage payments for up to 12 months. This law also pauses foreclosures, foreclosure-related evictions, and changes...
Staying Safe from COVID-19 Scams
It’s unfortunate but familiar --crisis makes people more vulnerable to scams. And with this unprecedented COVID-19 crisis, scammers are sure to be lurking close by.
Save and share this information to help avoid potential fraudsters in their tracks.
Five Potential COVID-19...
Your Guide to Getting Your Stimulus Check Fast
We sincerely hope that you and your family are doing well. Although we’re not out of the woods yet, the government is providing us with some relief over these next few weeks. Please save and share this brief guide to ensure you receive your stimulus check as soon as possible.
COVID-19 and Refinancing: Getting Access to Your Home Equity
COVID-19, also known as coronavirus, has changed everything. We're all making the necessary changes and adjusting to the uncertainty and general weirdness that this virus has caused. While even financial experts are unsure about what will happen next, there are a few clues that we can...
COVID-19 May Make Your Mortgage More Affordable
First off, we want you to know that we're in this crisis together. Sure, we've made adjustments to accommodate the "temporary new normal," but still, know that we're here for you more than ever before!
And that includes watching the market to find opportunities for your homeownership...
Insider Tips for Qualifying for a Home Loan with Student Loan Debt
When you first took out your school loan, you did it to open more opportunities. Unfortunately, having a significant amount of school debt can challenge those opportunities. If you have a considerable amount of school debt and are left wondering how you can still qualify for a home loan,...
Mortgage Rates are at an All-Low --Should You Refinance?
With mortgage rates at an all-time low, we’ve been refinancing many home loans, helping our clients to restructure their finances and saving them money in the process.
Are you also considering refinancing your current mortgage for the first time? Here are some of the questions...
Yes! Buying A Home With Low Credit Is Possible!
If you have bad credit, it may seem like buying a house is out of reach --or at least a couple of years away. But, in reality, struggling credit may not be as much of a roadblock as you may think!
If you have less than ideal credit and have the goal of buying a home in 2020, then this article...
Can I Defer a Mortgage Payment?
Deferring a mortgage payment means that you are postponing or skipping a mortgage payment until a later date. Those that are going through a temporary financial hardship look for ways to pause payments briefly while they get their finances in order.
The financial hardship could...