A key to successfully navigating the mortgage application process is to check your credit report to ensure it’s accurate. If it isn’t, you can take action to get it corrected.
Your Credit Report: A Vital Step in Obtaining a MortgageRead More
// by Lew Sichelman Leave a Comment
A key to successfully navigating the mortgage application process is to check your credit report to ensure it’s accurate. If it isn’t, you can take action to get it corrected.
Your Credit Report: A Vital Step in Obtaining a MortgageRead More
// by Jay McKenzie Leave a Comment
NewHomeSource breaks down what your credit score is, how it’s calculated, and what it means for people hoping to secure a mortgage.
Three Little Numbers: Your Credit Score and Why It MattersRead More
// by Lew Sichelman Leave a Comment
In the process of buying your new home, have you considered purchasing some items, such as appliances, to save money on your mortgage? It might be time to reconsider that idea.
// by Ken Harney Leave a Comment
Here is a step by step look at the mortgage process, a full guide to securing financing for your new construction home.
The Mortgage Process: A Step-by-Step Look and ChecklistRead More
// by Lew Sichelman Leave a Comment
Getting pre-approved for a home loan is preferred over a pre-qualified. Why? Because pre-approval puts you one step closer to purchasing the home of your dreams.
// by Lew Sichelman Leave a Comment
Building or repairing your credit score means learning to use credit cards responsibly. An improved credit score means better rates on mortgages.
How to Repair Your Credit So You Can Get a MortgageRead More
// by Amy Olivarez Leave a Comment
Should you pay off your mortgage early? NewHomeSource explores the pros and cons of paying off your home loan early.
There are a number of ways that first time homebuyers and Millinnials can save for homeownership.
// by Judy Marchman Leave a Comment
A prequalification is a good start to the home loan process, but being preapproved means youโre almost home โ literally. Getting preapproved means greater security and purchasing power for your home search.
Prequalified vs. Preapproved: What Is the Difference and Why It MattersRead More
// by Lew Sichelman Leave a Comment
It’s important that you don’t take on any new debt or make other changes to your financial profile during the “quiet period” โ the time between your mortgage approval and the date you actually close on your house.
// by Ken Harney Leave a Comment
Canโt get a mortgage from traditional lenders? Intra-family financing may be a solution to your homebuying dreams.
// by Lew Sichelman Leave a Comment
Before you decide how the title for your home will be held, you should explore all of your options and make sure you fully understand each.
NewHomeSource has some fun ways to save up for the down payment, so you can invest in your first home.
20 Creative Ways First-Time Buyers Can Save for a Down PaymentRead More
// by Drew Knight Leave a Comment
Financing a new home, especially the down payment, can bring a storm of questions. Professional advice can smooth it all over by debunking the myths.
// by Sue Durio Leave a Comment
Getting a home loan means understanding your credit, as well as the financing process and the many things that can ruin an approval.
Hereโs What to Do โ And What Not to Do โ When Buying a New HomeRead More
// by Mia Zozobrado Leave a Comment
When trying to figure out how to choose a lender, be sure to ask for references and to take your time to thoroughly investigate each prospective lender.
// by Lew Sichelman Leave a Comment
If you’re a first time homebuyer, there are a wide range of down payment assistance programs that can help you get into your dream home sooner than you might have thought.
First-Time Homebuyers Have Access to Many Downpayment Assistance ResourcesRead More
// by Ken Harney Leave a Comment
NewHomeSource has everything you need to know about mortgage and settlement changes in your home loan processes.
Upcoming Mortgage and Settlement Changes: What You Can ExpectRead More
Virtual mortgages offer homebuyers a faster, more secure option than tradition paper-based mortgage applications.
The use of trended credit data may mean a new home for those on the cusp of home lending credit standards.
As interest rates for home loans rise, NewHomeSource lays out five ways you can still buy a new home in this fiscal environment.
5 Ways to Buy a New Home with a Higher Mortgage RateRead More
// by Staff Leave a Comment
Find out everything you need to know about your home mortgage with NewHomeSource’s Mortgage glossary.
// by Staff Leave a Comment
Buying and selling a home simultaneously can be financially stressful, but bridge loans offer a potential solution. NewHomeSource looks at how bridge loans can help you get out of one home and into the next more easily.
Buying and Selling at the Same Time? How a Bridge Loan Can HelpRead More
// by Staff Leave a Comment
We always here the word โcompsโ when buying or selling a home, but what are comps and why are they so important? We take you on a detailed look at comps and how you can evaluate them for your next home.
// by Lew Sichelman Leave a Comment
NewHomeSource shows you how your credit score gets calculated, so you can get it ready before you apply for the mortgage for your new home.
How Credit Scores are Tabulated โ And What That Means for HomebuyersRead More
// by Drew Knight Leave a Comment
Find the right financial institution to get the right mortgage for your new construction home.
How to Select the Right Financial Institution for Your New HomeRead More
// by Lew Sichelman Leave a Comment
Check your credit score before you start applying for home financing. It isn’t scary, you can check your credit score easily and for free.
// by Judy Marchman Leave a Comment
Your credit score plays a major role in the home financing process. NewHomeSource has tips on managing and repairing your credit score before your apply for a mortgage.
Your Credit Score: How to Manage It (Or Repair If Necessary)Read More
Home Equity Conversion Mortgages helps Baby Boomers finance the purchase of their new retirement home.
Understanding Home Equity Conversion Mortgage (HECM) for Purchase LoansRead More
// by Sue Durio Leave a Comment
First time homebuyers can get a construction loan to finance their newly built house. NewHomeSource breaks down what a construction loan is, and how you can get approved.
A First-Time Buyers Guide to Understanding the Construction Loan ProcessRead More