I’ve been interviewing a lot of potential home buyers and renters lately. I see a lot of credit reports and I wanted to give everyone some info that will help YOUR credit. Do you remember getting your report card when you were in school? I do. Think of your credit score as your ‘report card’ […]
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A recently announced 0.50% drop in FHA MIP (mortgage insurance premiums) will positively impact homes sales this year. This reduction will mean more qualified buyers, more loan approvals and more sales. If you’re thinking about waiting another year, you may want to reconsider this decision. Buyers will face more competition next year as a result […]
Short sales, foreclosures, bankruptcy and other credit problems can prevent you from obtaining a mortgage. Here is a quick easy snapshot of how long you may need to wait before applying for a mortgage. Credit: Melissa Stoddard – imortgage