New Home
Financial Considerations For The Future: Buying A House
The American dream as we’ve always known it is to find yourself in the big house with the white picket fence. That’s how you know you’ve made it. But is a purchase as immense as your own home a good financial decision for everyone? Are there reasons to put off […]
Over 60 and buying your first home? Here’s what you need to know.
Q: I am almost 61 years old and single. I moved to Baltimore and would like to buy a small two-flat to live in for the rest of my days. I am able to pay cash, and I don’t need a mortgage. I recently read online that I am considered […]
Better to Buy a New or Used Home?
Should I buy a new home or a used home? It’s a question confronting all homebuyers. While there are some advantages of buying a new house, a strong case can also be made for purchasing an older property. For buyers who are on the fence between buying a new or […]
Commonly Asked Mortgage Questions
WASHINGTON, D.C., USA — Buying a home can be the happiest time in a person’s life. But understanding mortgage loan rates can be highly stressful. Here are answers to some frequently asked questions from The Yi Team of Fairway Independent Mortgage Corp. Q. Should I make extra payments on my mortgage […]
What Credit Score Do You Need To Buy A House?
There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed! Only 25% of the Americans have a FICO® Score between 740 and […]
How to Calculate What Credit Score You Need to Get a Mortgage For a House
According to a Homes.com survey, buying a home is the most stressful life event for some… There was a time when you could get a mortgage, regardless of your credit score. There were no-credit loans, loans for people without incomes or assets, and even home loans for people who had […]
Here’s Exactly What It Takes To Buy A House
Buying a home isn’t like buying a pair of shoes, or even a car. Rather than simply showing up with money, the process of purchasing real estate is a legal transaction as well as a financial transaction, and it takes weeks-if not months-to complete. But, when you find a place […]
Moving house? Tick these 10 things off your checklist right now
Moving house is stressful. Between solicitors, estate agents and mortgage advisors, it’s often difficult to know what piece of advice really is a ‘must-do’ and which corners, if any, can be cut. Research by CORGI HomePlan suggests homebuyers are taking risks when moving into a new house because they don’t know who covers what. Here are […]