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, […]

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 […]