Could recent changes to credit scoring help you qualify for a home loan?

Your credit score is a major factor in determining whether you can qualify to purchase or refinance your home. But your score could be changing. Recent changes in credit reporting by the major reporting companies are causing a credit score jump that may affect you.   Why is the Credit Score Increase Happening? As of April 16, […]

What Credit Score is Needed to Buy a House

One of the most important factors which determines your home loan qualifications and rate is your credit score. If you are at the beginning of the home buying process, it’s important to understand how your credit score can impact your ability to get a mortgage loan, as well as the interest rates you may be […]

How Your Credit Score is Calculated

Credit Score

You’ve heard about credit scores and know that they are considered important, but why should you care about your credit score? Your credit score is looked at for multiple reasons – sometimes by employers, landlords, your bank, but also anytime you apply for a loan, including a home loan. Understanding credit scores and how they’re […]

How Does the New Tax Bill Impact Homeowners and Home Buyers?

Steve Herndon homeowner tax bill

The Tax Cuts and Jobs Act was signed into law in December, 2017. This new bill amends the Internal Revenue Code to reduce tax rates and modify policies, credits, and deductions for individuals as well as businesses. Some of the changes have already taken place and will continue through 2018. As a homeowner or home buyer, here is […]

Managing Your Spending When Buying a Home

managing_your_expenses_when_buying_a_home_blog

If you’re thinking about buying a home, you’ve probably crunched the numbers time and time again. Undoubtedly, you know a thing or two about the components of a mortgage payment, including the principal and interest you will pay. While it’s prudent to know about your monthly mortgage bill, there are other expenditures associated with homeownership […]

Learn How To Lower Your Mortgage Payments Today

You may be able to reduce your monthly payment through a mortgage refinance     Get a Competitive Mortgage Rate And Start Saving There are a number of ways to lower your mortgage payment. Helping you choose the most competitive loan program that meets your unique financial circumstances, using our extensive loan portfolio, is our […]

The Low Down On Low Rates

The interest rate on your loan can impact the amount of money that you pay each month and over the life of your loan, so naturally you want to get the lowest rate possible. After all, even a percentage of a point off can put thousands of dollars back into your pockets. This is why […]