Contemplating on closing your credit cards before applying for a mortgage? This can impact your credit score and, consequently, your mortgage application. The credit score plays a pivotal role in mortgage applications as it serves as a measure of an individual’s...
Have you been seriously looking into buying a home this year but struggling to come up with a down payment? One thing you can consider is using your tax refund. It’s actually common for many first-time homebuyers to use their tax refunds as a viable down payment...
Feeling lost when the door to a home loan seems to close? If you don’t qualify for a home loan in San Diego, there are several steps you can take to improve your financial situation and increase your chances of qualifying for a mortgage in the future. We’re...
When it comes to buying rental properties, you can choose between making a cash purchase or securing a mortgage loan. Each method has its unique benefits and drawbacks. Here’s a comparison of purchasing rental properties outright with cash versus opting...
We get this question a lot from our first time buyers — are banks and mortgage brokers the same? The quick answer is no and here’s the definition and difference between the two. A bank offers you a home loan. They usually have a set rate and strict rules for approving...
If you’ve decided to buy a home and want to learn more about the financials, then you’re in the right place. You’re probably wondering how much you can afford. The following items are the most important money matters to consider. Know Your Debt-To-Income (DTI) Ratio...
