by Borrowing Better Staff | Mar 15, 2018 | Homes
Whether they are elite corporate CEOs, college students, or middle-aged homemakers, most people borrow money at some point in their lives. In fact, according to Lending Club, over $33 billion worth of loans have been lent as of the end of 2017. The reasons an...
by Borrowing Better Staff | Mar 7, 2018 | Homes
In the modern world, debt is, unfortunately, pervasive and comes in myriad forms. According to CoreLogic, about 5.1 million homes have mortgages which possess negative equity. In other words, rather than be a valuable financial asset, homes for many families have...
by Borrowing Better Staff | Mar 3, 2018 | Borrowing, Buying Tips, Credit, Homes, Student Loans, Uncategorized
Do student loans affect getting a mortgage? Of course they do. Lenders take all of your debts into account as they evaluate your ability to repay a mortgage loan. Student loans are no exception. Getting a mortgage with student loans is not easy. You must use common...
by Fawn Neun | Dec 24, 2017 | Credit, Homes
New homebuyers find their vocabularies expanding when they start shopping for a mortgage. You may already be familiar with terms like “APR” and “credit score.” Both of these will come into play when you look for a loan, as will your debt-to-income ratio. What is...
by Fawn Neun | Dec 24, 2017 | Borrowing, Homes
With the ever-changing state of the housing and financial markets, many homeowners consider a refinance mortgage to meet those changes. There are several reasons a homeowner may want to consider refinancing their home loan. Homeowners can often reduce their interest...
by Borrowing Better Staff | Dec 19, 2017 | Borrowing, Homes
If you are buying a home, you have probably heard the term adjustable rate mortgage. However, you may have very little idea of what an adjustable rate mortgage actually is. Consequently, you probably have no way of knowing if this is the best kind of home loan for...
