Buying a Home With Student Loan Debt in 2022

How Do Student Loans Impact Your Finances? Your credit score is one of several factors that lenders look at when evaluating your financial profile for a mortgage. It is determined by how much debt you...

DTI: More Important Than Your Credit Score?

By definition, your debt-to-income ratio is a calculation of your total gross monthly debts or payments divided by your total gross monthly income. DTI is calculated both prior to a mortgage and with ...

Tips on Home Buying with Student Loan Debt

How Do Student Loans Impact Your Finances? Your credit score is one of several factors that lenders look at when evaluating your financial profile for a mortgage. It is determined by how much debt y...

Smart Series: What You Need to Know About Our Non-Qualified Mortgages

What is a Non-Qualified Mortgage (Non-QM Mortgage)? Simply put, non-qualified mortgages = non-traditional borrower options. Non-qualified mortgages (non-QMs) are ideal financing solutions for borrower...

7 Essentials for Good Personal Finance

Actually applying for a mortgage isn’t a lengthy process in and of itself, but it does take some legwork on the front end to make sure you’re prepared and well-positioned to get the best rate possible...

What is the Average Down Payment for a House?

Tip #1 Reduce Debt While you save some money for a down payment, you will also need to simultaneously maintain a good credit score. This is very important because it helps your chances of being appr...

Cash Out Refinancing in 2022: The Definitive Guide

How a Cash-Out Refinance Works A cash-out refinance is a type of loan where a borrower “cashes in” their home equity for cash in hand. How does it work? When you take out a mortgage to buy your home, ...

5 Common Money Mistakes to Avoid in 2022

Not Having a Safety Net One of the biggest financial hurdles you may encounter is living from one paycheck to the next. This practice is all-too-common, but that doesn’t mean it won’t set you up for f...

New Years' Upgrades: How Do I Get Them?

Why Refinance? Over time, the value of your home goes up as you make improvements and the land value rises. With a cash-out refinance, you can use your equity to pay off debts – especially those with ...