Monday, January 09, 2017 / by Rene Kramer Team
Wednesday, January 04, 2017 / by Rene Kramer Team
Tuesday, November 01, 2016 / by Rene Kramer Team
A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification.
For many, the mortgage process can be scary, but it doesn't have to be!
In order to qualify in today's market, you'll need to have saved for a down payment (the average down payment on all loans was 11% last month, with many buyers putting down 3% or less), a stable income and good credit history.
Throughout the entire home buying process, you will interact with many different professionals, all of which perform necessary roles. These professionals are also valuable resources for you.
Once you're ready to apply, here are 5 easy steps that Freddie Mac suggests to follow:
Find out your current credit history & score - even if you don't have perfect credit, you may already qualify for a loan. The average FICO Score of a ...
Monday, October 31, 2016 / by Rene Kramer Team
36% of Americans think they need a 20% down payment to buy a home.
44% of Millennials who purchased a home this year have put down less than 10%.
71.8% of loan applications were approved last month.
The average credit score of approved loans was 731 in September.