Buying a homeOctober 18, 2021How can I buy a house with student loan debt? (Podcast)It's definitely possible to buy a house with student loan debt. Learn how to work around student loan debt and qualify for a mortgage more easily.
Real EstateJuly 30, 2021How to become a landlord in 2024: Start earning rental incomeLearn how to become a landlord in 7 steps; from buying a rental property to managing and maintaining your home. Here's what you need to know.
About MortgagesJune 8, 2021Can stipend income be used to qualify for a mortgage?Stipend income typically doesn't count as income for a mortgage. But it might still help you qualify. Here's what to know before you apply.
Buying a homeJune 2, 2021How much income do you need to buy the average house?Home prices are on the rise. How much income do you need to buy a house in today's market? With good credit and savings, it might be less than you think.
Mortgage NewsJune 2, 2021RefiNow and Refi Possible: Low-income refinance options 2021A new refinance option from FHFA could help low-income homeowners save $2,000 per year or more. Learn about program rates and requirements here.
About MortgagesApril 13, 2021How to calculate commission income for a mortgageCommission income is usually accepted by lenders if you have a 2-year earnings history. See how lenders calculate commission income for mortgage qualifying.
About MortgagesDecember 22, 2020How to qualify for a mortgage with bonuses and RSU incomeBonuses and RSU income can be used for mortgage qualifying. But they're calculated differently, and not all lenders accept them. Here's what to know.
VA LoansJanuary 2, 20202024 VA Loan Residual Income Guidelines For All 50 States And The District Of ColumbiaDefining "residual income" for VA borrowers, and listing requirements by state and by size of your family. Analysis, plus live VA rate quotes which are typically 25 basis points (0.25%) or more below comparable conventional rates.
About MortgagesMay 8, 2019VA loan income eligibility helps home buyers. Here’s howThe Department of Veterans Affairs (VA) has a unique way of looking at income. Instead of the total number, it’s most interested in “residual income,” the cash you have left over after all major expenses.
About MortgagesMay 1, 2019FHA loan income limits: Are there any?FHA is one of the most popular home buying programs in existence. What does it take to qualify? Do you make too much to be eligible for FHA?
First-Time Home BuyersApril 5, 2019Freddie Mac HomeOne mortgage program: 3% down with NO income restrictionsThe Freddie Mac HomeOne program removes income and geographic restrictions from its 3% down loan. Buyers can qualify for a low down payment even without low-income status.
Buying a homeFebruary 2, 2019What the experts say: Buying a home on a single incomeBuying a home on a single income can be a challenge, especially in more expensive markets. Today's experts tell you what you need to know.
Real Estate NewsOctober 24, 2018How student loan debt hurts Millennial home buyersIt’s no secret that crippling student loan debt keeps many Millennials from buying a home. But according to new data, Millennials with student loan debt aren’t just less likely to own a home. When they do buy? They face more expensive mortgage loans and lower home values, too.
About MortgagesJuly 16, 2018Can I make up for bad credit with a high income and down payment?What's more important for a mortgage: income or credit scores? Both, but even people who earn a lot of money can't get a loan without decent credit. Here's why.
FICO & Credit ScoresJuly 6, 2018The truth about credit repair services and debt settlement plansCredit repair services cannot legally do anything you can't do yourself, and they can charge a lot to do very little. And debt settlement companies can take all your money, ruin your credit and still land you in court. There are better ways to fix your credit.