Urban Institute released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for a down payment as an obstacle to homeownership. Thirty-nine percent of renters believe that more […]
VA Home Loans by the Numbers [INFOGRAPHIC]
January 13, 2019 by ·
![VA Home Loans by the Numbers [INFOGRAPHIC]](https://i0.wp.com/homeloansbykarenjones.info/wp-content/uploads/2018/11/VA-Home-Loans-by-the-Numbers-INFOGRAPHIC.jpg?resize=950%2C300)
Some Highlights: The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans & 2 million active duty service members which helps them achieve their dreams of homeownership. In 2017, $189 billion was loaned to veterans and their families through the program. VA Purchase Loans are on […]
Buyers: Don’t Be Surprised by Closing Costs!
January 6, 2019 by ·
Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a closing disclosure 3 […]
Prepare the New Year With Credit Score Tips
December 28, 2018 by ·
Start the New Year out right with some tips of how to manage your credit score. Bad credit can keep people from buying a home, financing an education, and even from getting a job. This is why it’s so important to build good credit. Starting with your first credit card, everything that involves credit becomes part of ones credit […]
20 Tips: Preparing Your Home To Sell
December 20, 2018 by ·
Some Highlights: Before you start, prepare your plan on purchasing your new home to ensure your new financing is in place. Make your offers stronger with a Buyer Credit Approved Home Loan. When listing your house for sale, your top goal will be to get the home sold for the best price possible. There are […]
Multiple Credit Inquires…do they count?
December 19, 2018 by ·
The media, newspapers, internet are full of information, but sadly, much of the information concerning credit is inaccurate. Please enjoy this article provided by: Sal Bonanno Prime National, Inc. www.PrimeNational.com Let’s check out some common credit myths: Credit Myth: “Multiple credit inquiries will hurt your score, each and every time.” In older FCRA models, inquiries […]
What Makes Up a Credit Score??
December 12, 2018 by ·
A credit score is an extremely important financial tool. It provides access to the financing you need in order to buy a car, a home, or pay for college tuition, among other things. Since higher scores result in lower costs, it’s vital to understand the factors involved in calculating your score. Here are the […]
What does disputing a tradeline do to your Credit Score?
December 5, 2018 by ·
Your credit score will open doors for you when you are in the need to borrow money and your score will determine the cost of that money. So protecting it is extremely important. Our topic of discussion today is to review Disputing Credit and how it affects your score and your ability to move forward […]
Stock Snap- Get Your Photos for Marketing
November 30, 2018 by ·
Ever wonder where you can obtain pictures online at no-cost? Introducing Stock-Snap…. Here is a quick video from our Marketing Department at AmeriFirst Financial, Inc.’s that has shared how you can find pictures online at no-cost. Thank you AmeriFirst Financial, Inc.! Karen Jones is a Licensed Mortgage Loan Officer (NMLS 307015) located in Phoenix and serving Arizona families with […]
Validating A Collection Debt
November 19, 2018 by ·
Andorra Credit Repair shares some great information on Validating a Collection Debt on your Credit Report: You find a Collection Debt on your credit report and you just don’t remember it….what do you do? Ask for a validation notice. A debt collector must send you a validation notice within five days that explains how much […]
