Getting pre-approved before you shop for a home is the best thing you can do to boost your chances of winning the bid. Would a conditional approval be better, though? They sound the same, but are they? Compare Offers from Several Mortgage Lenders. Realistically, a conditional approval and a pre-approval are different. They have the same basis, but the conditional approval is … [Read more...] about How is Conditional Approval Different From Pre-approval?
If you have bad credit, it doesn’t have to keep you from buying a home. Many lenders offer programs for people just like you. With the following steps, you can make the American Dream of owning a home part of your reality. Get Matched with a Lender, Click Here. Increase Your Credit Score The first step is obvious. You should try to increase your credit score as much as you … [Read more...] about Can You Buy a House with Bad Credit?
Veterans have the great benefit of securing 100% financing for their home purchase. The loan provides simple guidelines and much flexibility. Many people wonder, though, just what is the verification process for income and assets? Does it work the same as other programs? Looking for Current Mortgage Interest Rates? Click Here. We take a look at the answer below. What do … [Read more...] about Income and Asset Verification During VA Loan Process
The type of real estate transaction you conduct determines when the funding takes place. In most cases, purchase closings fund right at the closing, unless you live in a dry closing state, then it may take a few days. Refinances fund three business days after the closing because you have a ‘three day right of rescission,’ this gives you time to change your mind and cancel the … [Read more...] about How Long Does Funding Take After Closing?
Selling your home is a big move. Doing it alone is scary and overwhelming. Listing it with a realtor gives you the support and knowledge you need. Agents help sell homes faster and for higher prices. It sounds perfect. But how long does the contract last and what happens when it expires? Get Matched with a Lender, Click Here. The Listing Contract You might feel overwhelmed … [Read more...] about Real Estate Contract Expired: Now What?