Tag: Home loan

The 10 Commandments to Buying a Home

  Thou shalt not change jobs, become self-employed or quit your job. Having a steady, provable income is important to securing a mortgage loan with the best interest rate and terms. Self-employment can make it trickier to show a consistent income. If you’ve recently changed jobs, it can also affect your qualification because it’s harder to…
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Your FICO Score…aka Credit Score

Your FICO score is the first thing a mortgage lender will check when seeing if you qualify for a loan. While there are many factors involved in qualifying for a loan, your credit score is the most important. The minimum credit score you need to purchase a home will depend on the type of home…
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