mortgage

good and bad debt
Most of us have been taught that we should always avoid debt. However, there are some forms of debt that can actually help us in the long run. Understanding the difference between good and bad debt is vital to making important financial decisions and bettering your chances of future stability. […]

Good and Bad Debt

 in Health / life / Medicare / Uncategorized  tagged bad debt / Business loans / Credit card / debt / finances / good debt / mortgage / student loans by
Personal Finance and Consumer Debt When it comes to personal finance and consumer debt, most of us are guilty of overspending and not budgeting properly. Working on your debt and your finances should be a top priority. Most Americans have some type of consumer debt. Whether it’s student loan, credit […]

Personal Finance and Consumer Debt

 in life  tagged Credit / credit cards / credit line / equity / finance / How do I tackle my student loans? / How should I start paying down my debt? / line of credit / Loans / money / mortgage / Personal Finance and Consumer Debt / rent by
What is the ability-to-repay rule? “The ability-to-repay rule is the reasonable and good faith determination most mortgage lenders are required to make that you are able to pay back the loan,” states Consumer Finance Protection Bureau. The rule is important because it helps determine if you can afford to pay […]

What is the ability-to-repay rule?

 in life  tagged Ability to repay / finances / how to repay mortgage / money / mortgage / mortgage payments / payments / repay / What do I need to have to qualify for a loan under this rule? / What is the ability-to-repay rule? by
What is a Qualified Mortgage? There are Qualified Mortgages and unqualified Mortgages. “A Qualified Mortgage is a category of loans that have certain, more stable features that help make it more likely that you’ll be able to afford your loan.” states the Consumer Financial Protection Bureau. A Qualified Mortgage is […]

What is a Qualified Mortgage?

 in life  tagged budget / buy / home owners / homes / money / mortgage / ownership / qualified / qualified mortgage / real estate / What is a Qualified Mortgage? by