While it is true that student loan debt impacts many parts of your life, it does not entirely impact your choice to obtain a mortgage. According to Student Loan Hero, 44.2 million Americans have student loan debt. You may be wondering, how exactly do student loans affect the mortgage process? On the downside, the more loans that you have, the harder it may be to afford a home. Don't worry, paying attention to these factors will increase your chances of obtaining a home:
Self-employed? You already know that getting a mortgage loan is a challenge, even if your business is doing well.
Buying a home can seem like a daunting task, but it doesn't have to be if you know what to expect. Help ease your stress by getting prepared for the road ahead. There are several steps to buying a home, but we have compiled a checklist to get you to the finish line.
You've found the home you want and you're ready to buy - but how do you determine what kind of mortgage is best for your budget and lifestyle?
Improving your credit score is worth the time and effort, but that does not mean the result is going to be instantaneous. Credit improvement is a process and the best way to improve it is to manage it responsibly. If you are looking for ways to improve your score, here are some tips that you can utilize to begin the process: