If you want to buy a house but don't have oodles of cash lying around, you'll need to learn how to get a mortgage. Here are the steps. Daniel Bortz, provided by Published 11:00 am PDT, Wednesday, July 10, 2019 Photo: AlexanderNovikov/iStock Photo: AlexanderNovikov/iStock Image 1 of / 1 Caption Close Image 1 of 1 Photo: AlexanderNovikov/iStock How to Get a Mortgage: A Step-by-Step Guide for Home Buyers 1 / 1 Back to Gallery If you want to buy a house but don't have oodles of cash lying around, you'll need to learn how to get a mortgage—that all-important home loan used to purchase property that you will then pay back for years or even decades to come. The vast majority of … [Read more...] about How to Get a Mortgage: A Step-by-Step Guide for Home Buyers
Which score is used to buy a house
Erica Lamberg, provided by Published 10:04 am PDT, Tuesday, May 28, 2019 Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. Thomas Barwick / Getty Images It's not impossible to get a loan with bad credit, but you'll need to consider all of your options. Your credit score and your debt to income ratio can impact the rates lenders are willing to offer you, so you'll want to know yours before applying for a loan. Borrowers with bad credit can consider approaching credit unions or online lenders, both of which tend to be able to offer lower interest rates than traditional banks. They may also want to consider getting a secured loan, or getting a cosigner to guarantee the loan. However, a secured loan puts collateral like a house or car at risk, and a cosigner becomes responsible … [Read more...] about How to get a loan, even if you have bad credit
While your mortgage lender will have specific recommendations to ensure speediness, here are some general recommendations. Craig Donofrio, provided by Published 3:30 am PST, Wednesday, March 6, 2019 Photo: Weekend Images Inc./iStock Photo: Weekend Images Inc./iStock Image 1 of / 1 Caption Close Image 1 of 1 Photo: Weekend Images Inc./iStock Top 10 Questions to Ask a Mortgage Lender: Do You Know Them All? 1 / 1 Back to Gallery What are the best questions to ask a mortgage lender before you lock in a home loan? If you want to find the very best mortgage for your needs, it pays to not automatically go with the very first lender you see. “You need to shop around to make sure … [Read more...] about Top 10 Questions to Ask a Mortgage Lender: Do You Know Them All?
Want to buy a house, but are held back by your low credit score? We've got you covered with these sneaky tricks to raise your credit score almost overnight. Angela Colley, provided by Published 11:30 am PST, Friday, February 22, 2019 Photo: Zimmytws/iStock Photo: Zimmytws/iStock Image 1 of / 1 Caption Close Image 1 of 1 Photo: Zimmytws/iStock How to Improve Your Credit Score Before You Buy a House 1 / 1 Back to Gallery If you're hoping to buy a house soon, one little number you'll want to bring up to snuff is your credit score. Your credit score is a numerical summary of your credit report, a detailed document outlining how well you've paid off past debts—to your credit … [Read more...] about How to Improve Your Credit Score Before You Buy a House
What is a good credit score to buy a house? When you're trying to get a mortgage, a high number helps, but how low can you go? Daniel Bortz, provided by Published 10:00 am PST, Monday, February 11, 2019 Photo: SpiffyJ/Getty Images Photo: SpiffyJ/Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Photo: SpiffyJ/Getty Images What Is a Good Credit Score to Buy a House? 1 / 1 Back to Gallery If you're hoping to buy a home, one number you'll want to get to know well is your credit score. Also called a credit rating or FICO score (named after the company that created it, the Fair Isaac Corporation), this three-digit number is a numerical representation of your credit report, which … [Read more...] about What Is a Good Credit Score to Buy a House?