COVID-19 caused many companies to place workers on unpaid leave. This challenges those employees seeking to purchase or refinance a house. Still, there are ways to overcome the challenges.
Virtual home searches can continue moving forward today, even while you are waiting for the current health pandemic to pass. Just because you are at home doesn’t mean the real estate process has to stop. One thing you can do…
To refinance a mortgage means to pay off your existing loan and replace it with a new one.
If you want to have someone cosign on your mortgage loan, you should go over a few items first. like the risks involved, possible limitations, co-signer options, and the available alternatives.
In order to save up a huge amount of cash for the down payment on your first mortgage, you need a solid savings plan! When you take out a mortgage on your new home as a first time homebuyer, the more you can pay as a down payment the better.