Monthly Archives: June 2019

Should you choose an existing home or build a new home?

Posted on June 25, 2019 by theloanman

Whether you’re considering your first home purchase or are ready for a change, you may be considering both existing homes and new homes. Which costs less? Which will give you more of what you want in a home? Which will … Continue reading →

Posted in Uncategorized | 181 Comments

Is Recasting Your Mortgage Loan Right for You?

Posted on June 24, 2019 by theloanman

If you’ve never heard of recasting a mortgage loan, don’t be surprised. It isn’t generally advertised, and the method isn’t widely used. And yet, it might be of benefit to you. What does recasting a mortgage loan entail? Briefly, it … Continue reading →

Posted in Uncategorized | 505 Comments

Untangling the gifted down payment puzzle…

Posted on June 2, 2019 by theloanman

If you want to buy a home, are short on down payment funds, and have a relative with the money and the desire to help you, it’s time to celebrate! However, you will need to follow a few rules. First, … Continue reading →

Posted in Uncategorized | 56 Comments

Will checking your credit harm your credit rating?

Posted on June 2, 2019 by theloanman

When you’re planning to purchase a new home, you naturally want your FICO credit score to be as high as possible. As a result, you may be getting plenty of advice on what to do and what not to do. … Continue reading →

Posted in Uncategorized | 1,105 Comments