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Can a 29-Year Old Single Male Get a Mortgage in Philadelphia Right Now?

Can a 29-Year Old Single Male Get a Mortgage in Philadelphia Right Now? Today I am off to begin an exciting new part of my life. No more roommates, no more parents, no more shared rooms, that is right… it's finally time to get my own new place. I just ... Read >

Married Couple With A Newborn Needs A Mortgage Without a Lot of Money Down

Married Couple With A Newborn Needs A Mortgage Without a Lot of Money Down Up to this point my husband and I have lived in a tiny apartment in attempts to keep our costs down. With all the saving he and I have been doing, it wouldn't be hard to say that ... Read >

Can a Retired Couple In Their 60’s Qualify for a Good Mortgage Today?

Can a Retired Couple In Their 60's Qualify for a Good Mortgage Today? My wife and I are at a time in our lives when we are looking to live the good life. As seniors we are ready to start a new beginning and truly enjoy the twilight of our lives together... Read >

Mission: Can a Military Vet couple Get a VA Loan in the New Economy?

Mission: Can a Military Vet couple Get a VA Loan in the New Economy? Up until this point I have typically lived with friends to keep the cost of living under control. In general my boyfriend had very little bills as well because he was on active duty in ... Read >

The Meaning of Mortgage Loan Modification

The Meaning of Mortgage Loan Modification In this day and age many can't afford to make their mortgage payment. I personally know many who are in this situation. My answer for this is loan modification. A loan mod gets helps you make your house payment... Read >

The Effect of Credit Inquiries on a Credit Rating

The Effect of Credit Inquiries on a Credit Rating It is a well known fact that credit inquiries can have an adverse effect on a credit rating, but not all inquiries weigh equally. Moreover, some credit inquiries actually have no impact on the credit ra... Read >

Credit Inquiries and Your Credit Score

When a credit inquiry is noted on your account, it essentially notates a would-be creditor's request to take a look at your use of credit. This kind request needs to be permitted by you, and when you apply for credit, you usually sign a document that give... Read >

The Confusion over Credit Inquiries

When you seek out new credit, you automatically give the potential creditor permission to request a copy of your credit profile. As the creditor does so, a credit inquiry is notated on your credit file. There is some confusion over credit inquiries, their... Read >

Are You a Good Candidate for a Streamline FHA Refinance?

If you are in the market for a refinance, you have undoubtedly heard about the various loans that are currently offered by lenders. There are adjustable rate mortgages, those that feature balloon payments, loans which offer substantial cash-out options, a... Read >

Getting Up Close and Personal with Your Credit Score

Getting Up Close and Personal with Your Credit Score Do you know what your credit score says about you? Undoubtedly you are quite familiar with the need for having a credit report devoid of bad notations, such as missed payments or repossessions, but h... Read >

What is a Streamline FHA Mortgage Refinance?

What is a Streamline FHA Mortgage Refinance? Streamlining is not really a term that explains the loan product so much as it refers to the amount of paper that the borrower is required to provide to the lender. Generally speaking, the amount of paperwor... Read >

Protecting Your Credit Rating

In addition to providing a listing of your past and current use of credit, your credit profile also provides the information needed to calculate your credit rating. The credit rating - much more so than the various accounts contained in the credit file - ... Read >

How Do Creditors Determine Whether to Grant You Credit?

Do you know how the bank determines whether or not to issue you a credit card? Moreover, do you know why you get an interest rate that is slightly higher than your neighbor's, even though you both carry the same card? You do know, of course, that institut... Read >

Pros and Cons of Debt Consolidation

Consumer debt is a scourge that the majority of American consumers suffer under. It refers to a load of debts that is so plentiful that it swallows up a good chunk of the monthly income. Since this debt accumulates slowly, it is hard for consumers to exac... Read >

Should You Work With a Debt Consolidation Industry?

Debt consolidation agencies specialize in bundling consumer debt. The principle is simple: a consumer who owes varying amounts of money to a host of unsecured creditors can consolidate this debt with such an agency. Instead of paying seven, 10 or more mon... Read >