If you are ready to put down roots and start the home-buying process, you will also need to start the mortgage process. To determine whether you are eligible for a mortgage and how much to set your budget, lenders immediately pull your credit report. Lenders don't usually approve mortgages for buyers with low credit scores, accounts in collections, or a history of many missed payments. Even if you do get...
IT'S OFFICIAL!!!!.... THE TAX CREDIT HAS BEEN EXTENDED AND EXPANDED Well...almost... (President Obama still has to sign it, which he will) Per Martin Straka, Mortgage Loan Officer with Bank of America: On Thursday afternoon (11/5/090 the House of Representatives voted to pass the legislation extending the Tax Credit and Unemployment Benefits (HR 3548).Homebuyer Tax Credit: H.R. 3548 extends the...
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