Tag: Loans

Posted on 05/01/2022

Assuming a VA Loan: What You Should Know

Assuming a VA loan can be a convenient and cost-effective way for veterans to finance a new home. By assuming a loan, the buyer can take over an existing mortgage when buying a home. Loan assumption can have numerous advantages for the buyer and seller, and is considered an often overlooked VA benefit. Here are some major reasons...

Assuming Loans

Homebuyer

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Posted on 03/13/2022

Buy a house with bad credit: Options to consider

While getting approved for a mortgage does require a good credit score, it’s not impossible to buy a house with bad credit. Even if you’re denied by conventional mortgage lenders due to not meeting a minimum credit score, there are options for financing to help you buy your dream home. Here is a basic guide to some ways...

Bad Credit

Credit Score

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Posted on 05/02/2021

How to Negotiate a Land Contract Vs. a Mortgage

Image by Shutterbug75 from Pixabay With a mortgage, a buyer is applying for financing to purchase the property in its entirety. They're relying on their credit and assets for approval before assuming responsibility of the full property. In a land contract, you're cutting out the need for a formal lender and relying on the seller to approve or...

Finance

Financing

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Posted on 11/08/2018

What to Consider Before You Apply for a Home Loan

Ready to submit a home loan application? Ultimately, there are many factors to consider before you finalize your submission, and these include:1. Your Outstanding Debt If you have outstanding student loan, car or other debt, you should try to pay it off as quickly as possible. By doing so, you can boost your chances of securing a home loan...

Loans

Buying A Home