03 Aug 2016
By Mark Feder

Spouse with Bad Credit? 3 Reasons You’ll Want to Consider a Co-signer for Your Mortgage

Home Mortgage Tips
Obtaining a mortgage can be quite a complicated process even without the financial hurdles, but if your spouse's credit has experienced a number of difficulties, acquiring a mortgage can be even more of a burden. If you're concerned about what bad credit will mean for your mortgage and are weighing your options, here are some reasons why it might be important to use a co-signer for your application. Increasing The Likelihood Of Approval From getting an education to purchasing your first vehicle, it's a common occurrence for people to take a loan out at some point in their life. However,…
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02 Aug 2016
By Mark Feder

Thinking about Refinancing? 3 Ways That You Can Boost Your Home’s Assessed Value First

Home Mortgage Tips
In an effort to boost the value of their property, many homeowners invest in renovations that will help them sell at a higher price. However, with all of the renovation options, it can be hard to know what kind of fix-ups are really worth investing time and money into. If you're looking at all of your options for home improvements, here are some surefire fixes that won't stress the bank and will probably bump up the offering price. Add In Stainless Steel The look and functionality of the kitchen is one of the deciding factors for many homebuyers, and this…
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29 Jul 2016
By Mark Feder

Pay down Your Mortgage Faster by Eliminating These Five Unnecessary Household Expenses

Home Mortgage Tips
The monthly mortgage payment can be one of the most significant household expenditures for a family. However, while it can be a sizable amount, there are certain household things you may be able to eliminate that will help you put down more money and pay your mortgage off a little faster. If you're interested in ways to save, here are some expenses you may want to consider cutting out. Giving Up The Cable Television is an important de-stressor for many people, but it can also be a considerable monthly expense that is often unnecessary. With borrowing materials available at the…
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28 Jul 2016
By Mark Feder

Understanding Automated Underwriting and How It Impacts the Mortgage Application Process

Home Mortgage Tips
Whether you're embarking on the process of obtaining a mortgage for the first time or just preparing yourself for the advances in the industry, the implementation of automated underwriting in recent years has significantly changed the application process. From the time you'll have to wait to the documentation that is required, here are some of the details on what you can expect when dealing with an automated underwriter. Reduction In Document Requirements In the past, most homebuyers submitting mortgage application documents were required to go into their backlogs to provide the paystubs for the previous 2 months pay, as well…
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