To buy a house or to rent one? I'm sure that many millions of people who want to buy a home have thought about this question.
It's a big choice, and both sides have pros and cons. I would like to tell you some of my thoughts.
Why...
Most people who owned their own homes used to choose to get a 30 year home loan. The total home loan payment is spread out over a longer period of time so that you can pay less each month. Plus, the fixed interest rates for 30 years make it seem...
Bad credit is the main reason why some homeowners can't get a loan against the value of their home. We called it a "bad credit home equity loan" at my company.
If you have bad credit and are trying to fix it, it can help to know how your...
If you have ever tried to get a mortgage loan, you have probably heard the word "FICO." Even if you've never heard of it, you can be sure that it is used every time you apply for a mortgage loan. It can affect whether your loan application is...
It would be unrealistic to think that a huge industry with so much money flowing through "its veins" wouldn't attract scammers and lenders who take advantage of people.
First, let's talk about what a predatory lender is. Simply put, it's...
Private mortgage insurance, also known as PMI, is a type of insurance that all new homeowners must buy. This is especially true if their down payment is less than 20% of the value or sale price of the property. Private mortgage insurance is...