Categories

Archives

What Happens to Your Mortgage During a Divorce or Separation?

How to Handle This Difficult Situation With Care Breaking up is hard to do, as they say, but throw a mortgage into the mix and things can get complicated. To help you and your partner navigate a tricky situation you likely never imagined yourself in, this article will explain how divorce affects a mortgage that’s […]

Read more

How a Low Home Appraisal Can Affect Your Mortgage

Table of Contents1 Steps To Take When a Home Sale Is On the Line1.1 What Is a Home Appraisal, and Who is Behind It?1.2 What Factors Are Considered?1.3 How it Affects Your Mortgage1.4 What to Do If an Appraisal Value is Low1.5 How the COVID-19 Pandemic Has Affected Appraisals1.6 The Takeaway Steps To Take When […]

Read more

Everything You Need to Know About Debt-to-Income Ratio Before Applying For a Mortgage

Table of Contents1 How and Why This Number Can Affect Your Mortgage Prospects1.1 What Is a Debt-to-Income Ratio?1.2 Why It’s Important1.3 GDS  Ratio Limitations1.4 What Is a Good GDS Ratio?1.5 How to Calculate Your GDS Ratio1.6 How To Improve Your GDS Ratio Before Applying For a Mortgage1.7 The Takeaway How and Why This Number Can […]

Read more

Guide to Alternative Mortgage Investments

Table of Contents1 What to Consider When Investing as a Private Mortgage Lender1.1 What is a Private Mortgage?1.2 What Does It Mean to Be a Private Mortgage Lender?1.3 What Are the Benefits of Investing?1.4 Are There any Risks?1.5 How to Go About Investing in a Private Mortgage What to Consider When Investing as a Private […]

Read more