Brian Decker’s Blog
When it comes to credit card debt, not everyone finds themselves in trouble due to poor decisions. Often times, these debts are incurred due to needing emergency funds such as a quick trip to the ER or car problems. Nevertheless, the result is the same, buried into...
2020 back to school fever is unlike any previous year. Many school districts are enforcing partial or remote learning programs, which means that students need to stay at home during the school day. If you have young children, they'll need someone to watch over them....
You might think that securing a mortgage is impossible. It's true that many mortgage lenders require you to pay at least 20 percent of the full cost upfront, and failing to do so can incur further expenses against you. With most people in the United States living...
Preparing as early as possible to make a down payment for a home might help you find the ideal price and property. Here are eight steps for you to take right now.
There are several elements of the home buying process that first-time buyers may be unfamiliar with, and closing costs are one of these. Without sufficient information, buyers may be overwhelmed by closing costs. Fortunately, some buyers may qualify for assistance with these costs.
There are two elements to purchasing a home: qualifying for a home loan and making the down payment, and each can impact the other. A FICO score of at least 720 is recommended to qualify for a home loan with a good interest rate. First, check your credit reports from three agencies (Experian, Equifax, and TransUnion) to view your score as well as your credit history.
Whether it’s meant for a single person or an entire family, buying a house for the first time is a once in a lifetime experience. However, it’s also a responsibility and massive financial investment. Unfortunately, without proper research and planning, some first-time homebuyers get into a bit of trouble due to their inexperience.
Your down payment is one of the most important parts of buying a property, but many prospective homebuyers are unsure about how the down payment can impact other aspects of the homebuying process. The more you understand how your down payment plays into the quality of home loan packages you’ll be offered, the better deal you’ll be able to get.
When looking for methods of securing down payment assistance, there are two primary ways of obtaining it. Taking out a second mortgage on your home is one of the most common ways to facilitate your down payment.
Once you make the decision to purchase your own home, there is a staggering amount of work to be done. Even after your forever home, or even a temporary home, comes along, the deal isn’t done until the official closing. With that comes all the fees and the costs associated with finalizing a purchase. Several decisions need to be made in advance to this final step, including how much money you are going to put down as an initial payment.