Stated income loans haven’t gone away totally, as some people mistakenly believe. While you won’t find them offered by every lender today, there are some that still offer it. Before you decide which loan option is right for you, it’s important to understand the different requirements of the two … Continue about Standard and Stated Income Loans: What’s the Difference in Guidelines?
Buying a Home
You know you are ready to become a homeowner, but have you given it careful thought? Have you thought about not only where you want to live, but also what type of property you want to purchase? This … Continue about House or Condo: Which Should you Buy?
You found the home you want to buy, but find out that the appraised value is less than you bid on the home. Are you out of luck or can you still buy the home?Compare Offers from Several Mortgage … Continue about Can a Purchase Price be Higher Than the Appraised Value?