By BrianCav on 02.18.10
U.S. News & World Report – It was supposed to be a momentous occasion for Brian, who was about to close on his first home. But after signing a thick stack of documents–and taking part in the ceremonious passing of the keys–something felt off for the then 26-year-old Montgomery County, Md., resident. There wasn’t even a chilled bottle of bubbly or a housewarming gift to punctuate this pivotal moment. “My Realtor told me that I can take him out for a steak,” recalls Brian, who prefers that only his first name be used to guard his privacy. …
Posted in Buying a Home, First Time Home Buyer, Home Sales, Learn, Real Estate Market, Refinancing, Today's Market | Tagged closing costs, credit, credit report, home inspector, home loan, homebuyer, homebuying, loan types, mortgage interest rates, mortgage lender, neighborhood, preapproved, real estate agent, resale value |
By BrianCav on 02.09.10
Your Credit score is the most important thing regarding your personal finance that you can manage. What should you do and what should you not do? Also, a cheat cheat on how to get your Credit scores up.
Posted in Learn, Market Update, Today's Market | Tagged credit, credit report, FICO |
By BrianCav on 01.06.10
My thoughts on Mortgages for 2010, lending guidelines get a bit tougher, down payment requirements stay the same, please have the best possible credit score you can have at the point of application, interest rates go up and FHA financing is all the buzz right now.
Posted in Learn, Real Estate Market, Today's Market | Tagged Boston MA mortgage rate prediction, Boston mortgage, credit, credit report, Down Payment, Down Payment Requirements, fha, FHA loans, fixed rate mortgages, jumbo mortgage, Lending Guidlines, loan programs, mortgage interest rates, rates |
By BrianCav on 03.18.09
Your credit report is an important consideration to lenders reviewing your financial profile. if you have a history of paying your monthly obligations on time, thats a signal to a lender that you likely to make your monthly mortgage payments on time as well. So your credit can be a factor in the kind of [...]
Posted in Buying a Home, Learn, Refinancing | Tagged bad credit, credit, home loan, homebuyer, homebuying, mortgage |