Tag: Credit Scores

Your Roadmap to Homeownership

Posted on 03/23/2025

Buying a home isn’t just a transaction – it’s a journey. And like any great adventure, having a solid roadmap makes all the difference. From building your dream team to getting pre-approved, house hunting, and signing the papers on closing day – each milestone is an achievement. Your journey starts here. Let’s connect so you have help...

The Truth About Credit Scores and Buying a Home

Posted on 01/14/2025

Your credit score plays a big role in the homebuying process. It’s one of the key factors lenders look at to determine which loan options you qualify for and what your terms might be. But there’s a myth about credit scores that may be holding some buyers back. The Myth: You Need To Have Perfect Credit According to...

Credit

What Homebuyers Need To Know About Credit Scores

Posted on 12/14/2024

Data shows 7 out of 10 prospective homebuyers don’t know the minimum credit score required by lenders or that it varies by lender and loan type. According to Experian, the range is anywhere from 500 to 700 for the minimum credit score. That means you don’t need perfect credit to buy a home. Your credit score is important...

Control the Controllables If You’re Worried About Mortgage Rates

Types Of Home Loans

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Posted on 11/27/2024

Chances are you’re hearing a lot about mortgage rates right now, and all you really want to hear is that they’re coming back down. And if you’ve seen headlines about the early November Federal Funds Rate cut by the Federal Reserve (The Fed), maybe you got hopeful mortgage rates would start to decline right away. Although some media...

Mortgage Rates

Job Market

Why Pre-Approval Should Be at the Top of Your Homebuying To-Do List

Posted on 09/10/2024

Since the supply of homes for sale is growing and mortgage rates are coming down, you may be thinking it’s finally your moment to jump into the market. To make sure you’re ready, you need to get pre-approved for a mortgage. That’s when a lender looks at your finances, including things like your W-2, tax returns, credit score,...

Pre Approval

What Credit Score Do You Really Need To Buy a House?

Posted on 08/16/2024

When you're thinking about buying a home, your credit score is one of the biggest pieces of the puzzle. Think of it like your financial report card that lenders look at when trying to figure out if you qualify, and which home loan will work best for you. Good credit scores communicate to lenders that you have a...

Tips for First Time Home Buyers

Posted on 07/15/2024

Buying your first home can be confusing and overwhelming, but it doesn’t need to be. Educating yourself about the real estate market and staying informed on the latest trends and tips for buying a home can make the process smooth and seamless. Before you embark on your home search, remember that a little research can go a long...

Real Estate Market

Housing Market

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Posted on 06/19/2024

Worried About Mortgage Rates?

Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do. The truth is mortgage rates are impacted by a...

Mortgage Rates

What To Know About Credit Scores Before Buying a Home

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Posted on 03/06/2024

If you want to buy a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a mortgage. Lenders review your credit to see if you typically make payments on time, pay back debts, and more. Your credit score can also help determine your mortgage rate. An article...

Mortgage Rates

Why Pre-Approval Is Even More Important This Year

Posted on 02/07/2024

On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s important if you’re looking to buy a home in 2024. What Pre-Approval Is As part of the homebuying process, your lender will look at your finances to figure out what...

First Time Homebuyers

Key Terms Every Homebuyer Should Learn

Posted on 01/22/2024

Buying a home is a big deal and can feel especially complicated if you don't know the terms used during the process. If you want to become a homeowner this year, it's a good idea to learn these key housing terms and understand how they relate to the current housing market. That will help you feel confident when...