Does shopping for a mortgage get your nerves in a tangle or give you little fizzes of excitement? The reality of shopping for a mortgage is that it will feel different than poking through online listings, driving around suitable…
When you are thinking about buying a house, you’re probably envisioning the memories you’ll make in your new home, the great family dinners and nights hanging out with friends. Your thoughts may not initially stray into terms like “debt-to-income…
Can you think of one of the earliest and most important steps involved in getting a mortgage? If you guessed getting a mortgage pre-approval, you’re right. You may think that getting a pre-approval involves mounds of paperwork and a…
When you first embarked on the journey of buying a home, you likely turned to online resources for preliminary insights. Perhaps you pondered the information you’d need to share with a lender or mortgage broker as part of the…
What is a Mortgage Pre-Approval? Getting a mortgage pre-approval from a broker or lender tells you how much you can borrow to purchase a home under certain conditions. Morty can pre-approve you in minutes, provided you meet certain eligibility…
When you’re getting ready to buy a house, your lender will want to see your credit score, a three-digit number that represents how well you pay back debt. Before you apply for a mortgage, keep in mind that your…
Getting a mortgage may seem like a complex task with many layers and steps involved. However, the first step to breaking down the process involves answering the most basic question: “What is a mortgage?” Understanding the very basics of…
Errors on credit reports are surprisingly common. A few years ago, the Federal Trade Commission completed a decade-long study which found that more than 20% of consumers had at least one error on a credit report significant enough to…
This post is brought to you by our friends at My BankTracker. Home ownership is one of those things that everyone thinks about sometimes. We all assume it will happen one day. We vaguely save money or think about…