16 Totally Doable DIY Projects

16 Totally Doable DIY Projects That All Solve More Than One Problem Because 2 > 1. posted on Mar. 7, 2016, at 8:01 a.m. Ashley McGetrick BuzzFeed Staff View this image › Jenny Chang / BuzzFeed ID: 8120562 1. This darling divider that doubles as a mirror: View this image › ana-white.com Change your clothes and … Continue reading 16 Totally Doable DIY Projects

You make boatloads of cash & still can’t get a mortgage?!

From Credit.com 11/12/14 When you apply for a mortgage, there are a few no-brainer items almost every borrower knows the lender will look at: your credit scores, your income and your debts.You can check your credit scores and debt situation before you approach a lender by pulling your free annual credit reports (which you can do … Continue reading You make boatloads of cash & still can’t get a mortgage?!

Fannie Mae Relaxes Waiting Period for Distressed Borrowers

From DSNEWS.com 9/11/14 Fannie Mae recently released a report revising the waiting periods for distressed borrowers with a derogatory credit event such as a foreclosure, bankruptcy, short sale, or deed-in-lieu of foreclosure on their credit history to obtain a new loan. For borrowers with a short sale or deed-in-lieu of foreclosure on their record, Fannie … Continue reading Fannie Mae Relaxes Waiting Period for Distressed Borrowers

Survey: Americans Stymied by Homebuying Confusion

From DSNews.com 9/15/14 While nearly seven in 10 Americans agree that now is a good time to become a homeowner, a large number remain reluctant due to their own misguided understanding of the financing process, according to survey results released Monday. In a poll of more than 2,000 consumers, Wells Fargo found 68 percent feel … Continue reading Survey: Americans Stymied by Homebuying Confusion

How much of a down payment do you really need to buy a house?

 From Credit.com 9/12/14 Looking to get your foot in the door (of your new home)? If you’re a renter who’s tired of paying someone else’s mortgage, now may be the time to pursue the American dream of homeownership. In fact, the days of needing a 20% down payment are long gone. While you can always … Continue reading How much of a down payment do you really need to buy a house?

The Truth About Mortgage Underwriting Pt.1

From Housing Wire 8/15/14 The truth about mortgage underwriting Some mortgages shouldn't be denied The world is awash in inaccurate sound bites related to mortgage credit. We spoke with numerous industry executives and identified three truths that need to be clarified: 1. Low income buyers actually have it easy. Buyers with poor credit and low … Continue reading The Truth About Mortgage Underwriting Pt.1

Don’t be oeverwhelmed by home loan process

This is the worst thing about getting a mortgage What to do if you’re overwhelmed by the home-loan process From MarketWatch 7/21/14 Prospective home buyers are confident that they’ll be able to find an affordable mortgage to make their purchase. Still, they’re thoroughly overwhelmed by the amount of information they have to wade through when … Continue reading Don’t be oeverwhelmed by home loan process

Harp 2.0

Do you need some help with getting your home refinanced and are unable to qualify due to property value being less than what you owe? The HARP program has been extended to December 2015 to help out homeowners like your self. The following information take directly from the http://www.makinghomeaffordable.gov website so feel free to go … Continue reading Harp 2.0

Misconception About Down Payments

Mortgages Suffer from Misconception about Down Payments From DSNews.com 6/16/14 There's a pervasive view held by younger consumers when considering whether to purchase a home or not, according to Freddie Mac's Christina Boyle. She believes that consumers persistently overestimate the size of a down payment they need in order to finance a home, and this … Continue reading Misconception About Down Payments

Stop Renting and Buy Now

Homeowner break-even period shrinks, but that doesn't change the rules From MainSt 5/15/14 Though millions of homeowners are effectively stuck in their homes because they owe more than the properties are worth, prospective homeowners face a much more pleasing condition: In half of U.S. metropolitan areas, buying now beats renting after a mere two years. … Continue reading Stop Renting and Buy Now