With the current interest rate market, every mortgage applicant is looking for a way to get a cheaper interest rate. But did you know that one of...

credit, Credit Scores, Mortgages
With the current interest rate market, every mortgage applicant is looking for a way to get a cheaper interest rate. But did you know that one of...
An Equated Monthly Installment, also called EMI, is a fixed amount paid by a debtor to a lender on a given date each month. Before applying for a...
credit, Credit Scores, Mortgages
As discussed in past posts, there are many different scoring models, resulting in different credit scores. When applying for a mortgage, people...
Buying a home is a long and arduous process. It can be confusing too. Nevertheless, it’s one of the most exciting journeys you can embark on. Here...
You probably heard that the first few years of your mortgage the majority of your payment goes towards interest, and as the years go on a larger...
In the grocery, we find people that touch, squeeze, and feel every apple before they choose the one they want. This is called a shopper (not...
Income is a vital part of a bank’s evaluation how much and if at all they should lend to a prospect borrower. Banks will therefore do extensive...
credit, Credit Scores, Mortgages
This is the first question lenders will ask when you apply for a mortgage. Banks will assess your financial character based on your credit report....