Buying a home is a major decision, and with the recent market, it can be overwhelming. Many first-time homebuyers are hesitant to take that big step for several reasons. It can be due to concerns over a credit score, down payment or worries that their [...]
The FHA has come out with new guidelines that change the calculation of borrowers’ monthly obligation for student loan payments. This update provides a huge benefit to many homebuyers that have tried qualify for an FHA loan but encountered problems in the way FHA calculated [...]
The mortgage process is a little bit different when you’re self-employed but that shouldn't keep you from applying for a loan. You still fill out the same application as everyone else and lenders consider the same things such as credit score, debt, assets and income. [...]
Millions of Americans are renting their home. For some households, it's by choice. However, many renters realize the benefits of homeownership, but reluctantly continue to pay their landlord, thinking that buying a home is simply not attainable. Many obstacles stand in their way, such as [...]
Whether you're thinking of selling your home or just want to enhance your living space, there are plenty of ways to increase the value of your home without investing in a time intensive remodeling project. Some of these home improvements require some of your time [...]
Over the past few months, many of us have not been able to work or our hours have been significantly reduced. And it's easy to rely on credit cards or dip into savings accounts during these types of emergencies. Fortunately, Michigan is starting to open [...]
Unfortunately online scams are nothing new. Criminals are always trying to take advantage of vulnerable situations and even certain times of year. During the holidays, there is an increase in crime both online and offline. Now there is a new climate cyber criminals are using [...]
Last week, the Federal Housing Administration (FHA) announced revised policies regarding FHA loan approval of condominium units. These policy changes were made in an effort to provide affordable homeownership and become effective October 15, 2019. “Condominiums have increasingly become a source of affordable, sustainable homeownership [...]
Whether you are upgrading from your starter home and moving into something larger or you are an empty nester who is ready to downsize, as a second time buyer, you’re entering the home-buying process with some experience under your belt. However, depending on when you [...]
Unfortunately, sometimes a poor credit score can be beyond your control. Perhaps a medical issue caused you to fall behind on payments, or maybe you were out of work for an extended period of time. The good news is there are ways to improve your [...]
