Posts with tag 'Mortgages'
Revolutionary Real Estate
RSS Feed
Subscribe and receive email notifications of new blog posts.
RSS Feed
About Us | 9 Posts
Buyers | 3 Posts
Careers | 1 Posts
Events | 3 Posts
Information | 3 Posts
Just Listed | 11 Posts
Legal | 2 Posts
Mortgages | 1 Posts
Open House | 10 Posts
Sellers | 2 Posts
Sold | 2 Posts
November
29
29
Location is Perfect but Not the House, You Sigh. Smile, there is an App, I Mean Mortgage for That!
You have been searching and searching for a new home within your price range. What you are finding are houses that are best described as "a fixer upper", "has great bones but in need of TLC", "stuck in the 1970's - does lime green sound familiar". What has been your reaction to these houses? "No way, we can't afford to buy the house AND do any work!"
Well, did you kn
July
27
27
The Importance of Credit Scores in Real Estate
The search for a new home can be an exciting one; however, before you begin your quest for that dream home, your REALTOR® would require that one of your first steps would be to meet with a mortgage lender. This individual will help you determine the price range at which you should be looking and at the end of the meeting if all goes well you should find yourself pre-qualified for a mortgage loan.
What is one of the primary factors that go into a lender's decision of whether or not to grant a loan? Credit scores. It has been estimated that nearly 75% of all mortgage loan decisions are made with the applicant's credit score in mind.
The importance of credit scores in mortgage decisions and real estate transactions has risen over the past decades, and this is in large part due to what the lenders call risk-based mortgage pricing. Essentially, the...