Lending and Mortgage Errors May Buy First Time Home Buyers in the Southern Ocean County Real Estate Market Southern Ocean County Real Estate Buying your first home is an exciting experience. It can also be a very scary experience. For many first-time homebuyers, a real estate transaction will be the single biggest investment ever made, […]
Category: Mortgages and Financing
Buying a Home After a Short Sale, Foreclosure, or Bankruptcy in the Southern Ocean County Real Estate Market
How Long To Wait After A Distressed Sale Southern Ocean County Real Estate It is an unfortunate reality many individuals who purchased a home between 2002 and 2007 are in financial trouble. The economic crisis coupled with the downturn in the real estate market created a situation where short sales, foreclosures, and bankruptcy became all […]
Mortgage Terms in the Southern Ocean County Real Estate Market
Mortgages and Mortgage Terms in the Southern Ocean County Real Estate Market Mortgage Terms in theĀ Southern Ocean County Real Estate Before you begin looking for your dream home, it is important to have an understanding of how much house you can afford and still lead a comfortable life. I often sit down with clients and […]
Southern Ocean County Real Estate Loans
Shopping for a Mortgage Loan in the Southern Ocean County Real Estate Market Southern Ocean County Real EstateĀ Loans For most a mortgage will represent the single largest financial burden undertaken. As with any major purchase, it pays to shop around and understnad the differences between the products offered to you. Every bank will have different […]
Qualified Mortgage Rule Change and Southern Ocean County Real Estate
Qualified Mortgage Rule Changes and the Southern Ocean County Real Estate Market Southern Ocean County Real Estate The Consumer Finance Protection Bureau has created a Qualified Mortgage Rule (QM) which goes hand-in-hand with Ability-to-Repay rules (ATR). These changes are important for anyone looking to buy a house with a mortgage in the Southern Ocean County […]
Mortgage Qualification in Southern Ocean County
Qualifying for a Mortgage in the Southern Ocean County Real Estate Market NJ Southern Ocean County Real Estate A mortgage is most likely one of the largest financial commitments you will make in your lifetime. Therefore, it is important to understand what you need to qualify for a mortgage and How to Qualify for a […]
Lending Rules in Southern Ocean County
How to Protect Yourself When Looking for a Mortgage in the Southern Ocean County Real Estate Market Southern Ocean County Real Estate There are many laws that have been enacted to protect buyers in the local real estate markets from illegal lending practices. When buying a home in the Southern Ocean County real estate market […]
Credit Scores and Mortgages in the Southern Ocean County Real Estate Market
Understanding Credit Scores and Mortgages Southern Ocean County Real Estate Your current level of debt, down payment and your income are not the only factors used to determine if you will qualify for a mortgage in the Southern Ocean County real estate market. Your credit score is of vital important to not only your ability […]