22 Oct 2025
By Mark Feder

How to Buy a Home if You Are Relocating for Work

Mortgage Tips
Starting a new job often means a fresh start in a new city. While relocation can be an exciting opportunity, buying a home while juggling a move can feel like a balancing act. Between learning about a new market, coordinating timing, and managing logistics, the process requires careful planning and trusted guidance. Do Your Homework Before the MoveBefore packing a single box, take time to understand your destination. Research neighborhoods that fit your lifestyle, commute, and budget. Look into school ratings, nearby amenities, and community features that align with your priorities. Online tools and virtual tours can help, but connecting…
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16 Oct 2025
By Mark Feder

How Changing Jobs Affects Mortgage Approval

Home Buyer Tips
Switching jobs can be an exciting step in your career, but for homebuyers, it can also raise questions about mortgage approval. Lenders evaluate income stability when considering a mortgage application, and a recent job change can influence how they view your ability to repay the loan. Understanding how a new position impacts your application can help you plan strategically and improve your chances of approval. How Lenders Assess Employment StabilityLenders want to ensure that borrowers have a reliable and consistent source of income. They typically look for at least two years of employment in the same field. Frequent job changes,…
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14 Oct 2025
By Mark Feder

Mortgage Protection and Insurance for Your Home Loan

Mortgage Tips
When buying a home, mortgage insurance can be an important but often misunderstood component of your loan. It is designed to protect lenders from the risk of borrower default, but it can also impact your monthly payments and overall loan cost. Knowing the types of mortgage insurance, when it is required, and how to manage it can help you make informed decisions and potentially save money over the life of your loan. Types of Mortgage InsuranceThere are several types of mortgage insurance that borrowers may encounter. Private mortgage insurance, or PMI, is typically required for conventional loans when the down…
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10 Oct 2025
By Mark Feder

The Connection Between Your Debt-to-Income Ratio and Mortgage Approval

Mortgage Tips
When applying for a mortgage, one of the most important factors lenders review is your debt-to-income ratio. This simple calculation helps determine how much of your monthly income is already committed to paying debts, and it plays a major role in whether you qualify for a home loan. Understanding how this ratio works can improve your chances of securing the right mortgage. What Debt to Income Ratio MeansYour debt-to-income ratio, often called DTI, measures the percentage of your monthly income that goes toward paying debts. These debts include credit cards, car loans, student loans, and the expected mortgage payment. Lenders…
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