Tag Archives: home loans

 

Apr30

When Is the Right Time to Get a Mortgage Loan?There Are Many Things to Consider Before You Borrow

When Is the Right Time to Get a Mortgage Loan?

Posted: April 30, 2013 by Rachel Shepard

Applying for a mortgage loan is an important decision in a person’s life and is not something that should be taken lightly. Before you apply for a mortgage, make sure that you can afford the monthly payments. While your lender will look at your financial situation to help them decide whether or not they believe that you can afford a mortgage, only you know about your spending habits and the stability of your current job. Unless you are in a stable financial situation, you should wait before applying for a mortgage loan to avoid possible complications.

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Mar26

Steps to Getting a Home LoanObtain the Money You Need to Buy the House You Want

Steps to Getting a Home Loan

Posted: March 26, 2013 by Rachel Shepard

Buying a house is a major investment, and with the high cost of homes around the country, it usually represents a major outlay of money for a consumer. Therefore, it should come as no surprise that, according to recent statistics, nine out of 10 homebuyers finance their purchase with a mortgage loan.

If you are a prospective homebuyer and are considering applying for a mortgage loan, there are a number of things you need to know before you begin the application process. You can learn about them here.

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