How Does DTI And Credit Affect Your Interest Rate?
Uncategorized

How Does DTI And Credit Affect Your Interest Rate?

Anybody who applies for a mortgage wants to get the lowest interest rate, but that depends on the credit score. This is the most important aspect that lenders take into consideration while lending money to borrowers. However, it is not just the credit score, but several other factors as well, which decide the interest rate…

7 Reasons You Need A Homeowners Association
Uncategorized

7 Reasons You Need A Homeowners Association

By definition, Homeowners Association is a legal entity developed by real estate developers to manage and sell a community of homes. HOA has the right to enforce the conditions, covenants, and restrictions of the community along with managing the common amenities given to its members. HOAs offer residents of countless neighborhoods and developments with the…

Can You Prevent Foreclosure Through Mortgage Forbearance?
Uncategorized

Can You Prevent Foreclosure Through Mortgage Forbearance?

Repayment of home loans can be difficult at times because of the unexpected and unavoidable expenses. However, there is an option for borrowers who are having a hard time paying for their home loan, i.e., mortgage forbearance. Forbearance agreements provide homeowners with additional time to cure mortgage arrears by paying extra money every month. If…