Yes, It’s Possible to Get a Mortgage Without a Favorable Credit History – Here’s What You Will Need

There are several factors that are reviewed when you apply for a home mortgage, and one of the initial factors is your credit rating. You may already be aware that you have a lower credit score, or you may have learned about your credit issues after speaking with a mortgage professional. Now that you are aware of the situation, you may be concerned about your ability to get approved for your loan request. The good news is that you may still be able to get a mortgage without a favorable credit history with a few things. A Co-Borrower Or Co-Signer…
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Should You Be Worried About Skipping Multiple Mortgage Payments? Yes, and Here’s Why

From time to time, a homeowner may struggle to make a mortgage payment on time. Most will be able to make the missing payment a week or two later when the next paycheck arrives. However, others may find themselves in a situation where they are unable to make multiple payments in a row. If you are skipping multiple mortgage payments, you should be concerned about your financial situation. There are several important reasons why you may want to take action to improve your situation or to work out a payment arrangement with your mortgage company. Falling Too Far Behind To…
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Thinking About Buying a Rental Property? 3 Reasons You’ll Want to Get a Mortgage Pre-Approval

A rental property is a wonderful investment option to consider, and it can provide you with everything from considerable tax benefits to appreciation and monthly cash flow. While you may be eager to get started searching for a new rental property to invest in, a good idea is to take the initial step to get pre-approved for your mortgage. There are several good reasons why a pre-approval is an important first step to take. Determining What Sales Price to Consider The mortgage rules and guidelines for an investment or non-owner occupied property are different than those for an owner occupied…
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