Are you considering buying a home? If so, you may be a bit confused about the various types of mortgages available, how they are structured, and what they offer.
To help you make the best decision for your needs, we've broken down the different mortgage types you can access.
A pre-qualification, also known as a pre-approval, is a letter from a lender that specifies the amount of money the lender is willing to give you. The lender generally comes up with the loan amount by checking your credit scores and evaluating your assets and debt to income ratio. There are several reasons why getting this document is essential to your home shopping process.
Owning a home may be a great investment, but it takes money achieve home ownership. Securing a down payment can be a daunting endeavor. Fortunately, there are ways to get into the house you want at a price that fits into your budget.
The community where a child grows up can be a great foundation for the rest of their life. Access to resources like outdoor activities, educational opportunities and positive social relationships, can help a child develop the necessary life skills needed for them succeed and be happy adults. Below are a few factors to consider that can help make choosing a great neighborhood a lot easier.