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Can You Get a Mortgage after a Chapter 7 Bankruptcy Discharge? Yes – But You’ll Have to Wait

by guestadmin | Aug 10, 2016 | Home Mortgage Tips

There was a time when it was possible to acquire a mortgage shortly after filing for Chapter 7 bankruptcy, but with the shifts in the financial sector, the timeline on such a mortgage approval has changed in recent years. If you’re currently undergoing a Chapter...

Leveraging LPMI: The Pros and Cons of Lender-Paid Mortgage Insurance

by guestadmin | Aug 9, 2016 | Home Mortgage Tips

From interest rates to mortgage loans, there are many things associated with applying and obtaining a mortgage that are important for new homeowners to be aware of. If you’ve heard the term Lender-Paid Mortgage Insurance (LPMI), this is when the mortgage lender...

What’s Ahead For Mortgage Rates This Week – August 8, 2016

by guestadmin | Aug 8, 2016 | Mortgage Rates

Last week’s economic reports included construction spending, personal income, and multiple reports on employment. Freddie Mac’s mortgage rates survey and new jobless claims were also released. Construction Spending Dips in June According to the Commerce...

Thinking about a ‘Fixer Upper’? Understanding the Balance Between Purchase and Reno Costs

by guestadmin | Aug 5, 2016 | Home Buyer Tips

Fixer uppers can come with huge price benefits and opportunity, as well as problems. Make sure you understand what you’re getting yourself into before you purchase a home that needs significant restoration. Carefully Calculate Do the math very carefully before...

3 Different Types of Loan That Will Negatively Impact Your Ability to Get a Mortgage

by guestadmin | Aug 4, 2016 | Home Mortgage Tips

A good credit rating is built on a number of financial factors including paying your bills on time and the length of your credit history, but loans can also be a source of bolstering your credit score in a positive way. While this means that loans can actually be a...
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