down payment

Here’s How to Get the Best Mortgage Rate Online

Buying your first home has a seemingly endless number of steps involved, but shopping for the best mortgage rates online is one you can easily tackle yourself. While some people may choose to work with a mortgage broker to find the best rates available, shopping around for rates online is another great option— especially if you […]

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How Much Is Too Much to Spend on a Car?

Everyone overspends from time to time, but when it comes to big purchases, like a home or vehicle, something that seems like an exciting splurge could end up devastating your finances. The question of, “How much is too much?” is quite personal. To say that you should only spend a certain percentage of your income… Read More

The post How Much Is Too Much to Spend on a Car? appeared first on Credit.com.

Is It Smart to Buy Rentals When You Are Young?

There are many challenges to buying rental properties when you are young, but there are also many advantages. The biggest challenge to buying rental properties is getting enough money to pay for down payments, repairs, and reserves. However, there are many ways to buy rental properties with little money down, and it is easier to … Read more

What Do Mortgage Lenders Review on Bank Statements?

Know which financial weaknesses stand out to lenders so you can strengthen your chances of loan approval.

I Just Bought a Seller-Financed Home With an 8.99% Interest Rate. Is That Legal?

Advice for someone who just bought a home using seller financing, with some unusual terms.

The post I Just Bought a Seller-Financed Home With an 8.99% Interest Rate. Is That Legal? appeared first on Real Estate News & Insights | realtor.com®.

I Just Bought a Seller-Financed Home With an 8.99% Interest Rate. Is That Legal?

Advice for someone who just bought a home using seller financing, with some unusual terms.

The post I Just Bought a Seller-Financed Home With an 8.99% Interest Rate. Is That Legal? appeared first on Real Estate News & Insights | realtor.com®.

8 Secrets to Buying a Home Out of State, Without the Risk of Remorse

Buying a home out of state can feel like a huge gamble. But with the right team in place and some insider tips, you can pull this off with no regrets.

The post 8 Secrets to Buying a Home Out of State, Without the Risk of Remorse appeared first on Real Estate News & Insights | realtor.com®.

Zillow: Credit Score Single Most Important Factor for Mortgage Rates

This morning, Zillow, the company behind the love it or hate it Zestimate, released a new study that analyzed the impact credit scores have on mortgage rates and corresponding payments. The company used data from 13 million loan quotes and 225,000+ purchase loan requests on the Zillow Mortgage Marketplace. Zillow Studied Data on 225k Purchase [&hellip

The post Zillow: Credit Score Single Most Important Factor for Mortgage Rates first appeared on The Truth About Mortgage.

Using Construction Loans for Homebuilding and Renovations

The idea of building a home that meets all your needs is something a lot of people fantasize about. Maybe you’re already a homeowner and the goal is an accessory dwelling unit—a granny flat, tiny house on a foundation, carriage house, garage apartment, or basement apartment. Maybe you’ve found a fixer-upper on a perfect plot […]

The post Using Construction Loans for Homebuilding and Renovations appeared first on SoFi.