Monthly Archives: July 2017

New Credit Reporting Rules Will Raise Scores for Some

Posted on July 31, 2017 by theloanman

Consumer advocates have long been pushing for improvements in the accuracy of reports from the credit bureaus, and now they’ve met with success. Equifax, Experian, and TransUnion are applying new, stricter rules to the information they gather from public records. … Continue reading →

Posted in Uncategorized | 1,143 Comments

Should you purchase your own vacation home?

Posted on July 24, 2017 by theloanman

  If you’ve just had a wonderful family vacation at the beach or in a mountain cabin, you may be thinking how nice it would be to own your own vacation home. You’d have all your own things right there. … Continue reading →

Posted in Uncategorized | 25 Comments

Avoid costly mistakes by understanding the home buying process

Posted on July 17, 2017 by theloanman

The house and the neighborhood you choose are important, but even more important is buying it correctly. You want that house to be a joy. If you make mistakes in buying, it will be a burden. So start at the … Continue reading →

Posted in Uncategorized | 98 Comments

Should YOU choose a 30-year fixed rate mortgage? Maybe not.

Posted on July 11, 2017 by theloanman

While the most common home loan is the 30-year fixed rate mortgage, it may not be for you. This loan was first established as #1 when the Federal Housing Administration embraced it back in 1954. It gave homeowners a longer … Continue reading →

Posted in Uncategorized | 213 Comments