When considering applying for a mortgage, you might wonder, should I get pre-qualified or pre-approved? They sound like the same thing, but they have different outcomes. Of course, each has a time and place, but understanding the differences is essential. What is a Pre-Qualification? A pre-qualification is an estimate of what you can afford. Most […]
Buying a Home with Bad Credit – Is it Possible?
You’ve likely heard you need good credit to buy a home, but what happens if you have bad credit? Are you out of luck? The good news is that there are loan programs for people with bad credit. The bad news is that you will need compensating factors for the bad credit. Here’s how to […]