Term: homebuying process
2 found

The Ultimate Bootcamp for Homebuyers

By Steven Shaw on 3/24/2015

The One-Year Bootcamp to Becoming a Homeowner

Becoming a homeowner is more than a big decision — it’s a journey. And just like you wouldn’t leave for a trip without making sure you’ve packed all your bags, you shouldn’t embark on the road to homeownership without preparing for the possible twists and turns ahead.

Home Loan
homebuying process
Mortgage

Americans With Lower Credit Scores Are Getting Mortgages

By Steven Shaw on 1/24/2014

qualify for a mortgage 

Credit scores are among the many things lenders review when you apply for a mortgage, because scores are designed to predict how likely you are to meet your debt obligations. After the mortgage crisis, lenders were hesitant to take on risky borrowers, and at the end of 2012, the average FICO credit score for a closed mortgage was 748, according to mortgage software company Ellie Mae.

FICO credit score
Home Loan
homebuying process
homeowner
homeownership
Mortgage