Carrington Mortgage Services, LLC Learning Center

Before you apply for a home loan, you may want to look at how to fix credit issues you may be facing. One of the key things a lender looks at when considering you as a viable mortgage candidate is your credit history – and they like to see stability. Fixing credit for a home loan is smart. Start by pulling your credit before you apply so you know what you’re dealing with – and have the opportunity to address any issues that may derail your loan application.

Refinancing is replacing your current loan by paying it off with a new loan, and there are many reasons to consider refinancing. Before you do so, it is important to decide if the benefits outweigh the cost of the new loan. In particular, take a look at current rates, your current financial needs, and the fees associated with refinancing. With some due diligence, refinancing can be beneficial for any of the following reasons:

You might think that once you’ve been approved for a loan that the end is finally in sight… and it is! But there are things that could still affect your closing and make the deal fall through. Because of this, it’s helpful to know what not to do when you’re in the process of getting a loan.

You’re on the road to owning a new home. What can you expect next?

Tax season is upon us once again. As of February 12th, many Americans are trying to get their taxes filed early in hopes of getting a refund from Uncle Sam. If you’re one of the taxpayers who does receive a tax refund this year, it’s hard to resist making spur-of-the-moment choices.