It can be intimidating if you are not familiar with the terms used during the home buying process. To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home. Freddie Mac has compiled a more exhaustive glossary of terms in […]
Would You Qualify for a Mortgage, NOW?
The widespread myth that perfect credit and large down payments are necessary to qualify for a mortgage to buy a home are holding many potential home buyers on the sidelines. According to Ellie Mae’s latest Origination Report, the average FICO score for all closed loans in May was 724, far lower than the 750 or 800 […]
