Don’t Believe These 3 Credit Myths

Credit scores and credit reports can be a bit of a mystery but having a good understanding of them will greatly benefit your financial future. Myth: A bad credit score will stick with you forever. Reality: Even if you suffer from something like bankruptcy or foreclosure, which does have a terrible impact on your credit, ...

Why Some Mortgages Are Cancelled Suddenly

After all the insane amounts of paperwork you’ve supplied with endless questions answered and hundreds of dollars spent on an appraisal and home inspection, your loan is finally approved. You’re beyond excited and get everything ready for moving day. But then you get a phone call from your lender telling you your loan is not ...

Top 5 Mortgage Red Flags

When applying for a mortgage, lenders must review your financial situation in order to assess your ability to repay. Some of the most important qualifications that mortgage lenders need to see in order to approve a borrower for a loan includes steady income, low debt, a high credit score, job stability, and savings for the ...