If you’re like most people, your home is most likely your largest investment. It’s where you live, raise your family, create memories, and spend a good portion of your time.
The financing details regarding your home, whether you’re a first-time buyer, a seasoned homeowner looking to refinance, or someone interested in pulling out equity for something important, is something you should commit to knowing a bit about.
This section of Prosperopedia,com provides helpful information about mortgages, how they work, how to get the best deal, where to look for potential gotchas, and lots of other education about mortgages and financing that are such a critical part of your life.
When is the Best Time to Buy a House?
The decision to buy a home is a big one. Making the best decision on buying a home has a lot to do with timing. But when is the best time to buy a home? There are several factors that will affect the answer for you specifically, but this article should set some...
Top Real Estate Investment Books Recommended by BiggerPockets
One of the resources I've begun using as I've waded into the waters of real estate investing is an organization called BiggerPockets, which was created to encourage real estate investment by building a community and disseminating educational and other...
What Factors Affect Your Credit Score?
Credit Reporting Agencies and FICO Score Understanding how significantly your credit score affects your access to borrow money, you naturally want to know what factors affect your credit score. I will answer that question for you, and I’ll provide other details...
Getting a Home Loan with Bad Credit
One of the primary factors lenders consider when you apply for a mortgage is your credit score. They normally use what’s called a FICO score, which is a number that ranges between 300 and 850. Lenders use this number to assess your trustworthiness, as it...
Dave Ramsey’s 7 Baby Steps for Saving Money, Paying Off Debt, and Building Wealth
Dave Ramsey is a popular radio show host, an author of several books about financial management and developing life skills. Besides being a great teacher, he is also, not coincidentally, a successful businessman and a devout Christian. His Financial Peace...
How Much Home Can I Afford?
When you’re shopping for a home, one of the very first questions you’ll ask yourself is, “How much home can I afford?” I’ll answer that question for you in this article using the information lenders use to qualify you for a loan amount as well as some...
FHA Loan Debt to Income (DTI) Ratio Guidelines
FHA Loan Debt to Income (DTI) Ratio Guidelines FHA loans allow first time home buyers and others who are just starting out or who may be financially disadvantaged to purchase homes through a government assisted program that differs from conventional loans....
Are We Currently Experiencing A Real Estate Bubble?
Article Summary The current housing market in the US has made its way back to pre-Great Recession levels. Interest rates are rising, which will tend to cool off the increasing housing prices. Significant factors that will cause a market correction in the...
How To Become Rich – The Richest Man in Babylon Formula
The Richest Man In Babylon is a fictional story with sound principles that have helped people become wealthy through their application. This first part comes from the part of the book “Seven Curses For A Lean Purse”. Heed the advice in each of these...
How To Get Pre Approved For A Home Loan
Buying a home is a lot easier than you might think. Yes, it’s a huge purchase, probably one of the largest purchases you’re going to make in your life, but the hurdles in the process mostly deal with time. If you've interviewed some rockstar real estate agents to...
