How to Get a Home Loan When You Are Self Employed

If you’re self employed getting a mortgage can be a pain in the you know what. As a business owner, more than likely you don’t fit into the cookie cutter perfect scenarios that people with normal W2 jobs tend to have. Your income might be all over the place and come from different sources. You […]

Understanding How Credit Works

Credit is the subject everyone wishes they were taught in high school.  Let’s keep the nostalgia of high school going and compare your credit score to a grade point average.  The more A’s you have the better your grade point average is.  The D’s and F’s lower your grade point average.  Credit works in the […]

How Long Do I Have to Wait After Bankruptcy?

Bankruptcies happen. I had one myself back in the market crash of 2008. You can still get a home loan if you’ve had one. There is a waiting period that you will need to go through before you’re eligible again. Government Programs – FHA, VA, USDA For chapter 7 bankruptcies, the wait time is two years before […]

What is a Rate Lock and Why is it Important?

Unless you are in the middle of a loan process or work in the financial industry, odds are you have never felt the need to understand what a Rate Lock is and why understanding it is important. A rate lock is essentially freezing a moment in time to minimize any cost changes to you during […]