It’s no secret that lender’s restrictions have tightened up since the housing crisis. Today, they have gotten slightly better; however, they still have more requirements than ever before. So how can you maximize your borrowing power? You have to start early. That’s the key! The sooner you start working on your qualifying factors, the better chance you have of borrowing more … [Read more...] about The Top Ways To Boost Your Borrowing Power
longer loan term
Good Reasons to Not Get a 30-Year Mortgage
The 30-year mortgage is the most popular loan program. It could be because of its lower payment, which makes it more affordable, especially for first-time homebuyers. Before you jump on board and take out your mortgage for 30 years, though, consider the following reasons not to use take out the 30-year loan. Looking for Current Mortgage Interest Rates? Click Here. You’ll Pay a … [Read more...] about Good Reasons to Not Get a 30-Year Mortgage