Tag: Credit

Posted on 05/05/2020
Are You Prepared to Cosign on a Home Loan?
Image by Gerd Altmann from Pixabay Should you cosign on a mortgage loan to help someone else buy a house? Hopeful home buyers who lack the necessary credit history, W-2 income or overall income versus their debt can face problems getting a mortgage lender to approve a loan. Borrowers with a 43% or higher debt-to-income ratio may learn...
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Posted on 03/03/2020
First-Time Buyers: Foresight Over Hindsight
Photo by GaudiLab via Shutterstock In the rush and excitement to find the perfect home and make it yours, there are some things best learned beforehand rather than through hindsight. Here are some suggestions from first-time homebuyers that would have made the entire process less challenging. Know where you stand. If you plan to buy a home, even...
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