Whether you’re a parent proudly financing higher education for your child or a student signing on the dotted line for your own student loans, it’s important to understand how those debts can impact your future. Do parent PLUS loans affect getting a mortgage, for example? The short answer? Yes, any student loan you’re responsible for... Read More

When you’re looking to purchase your first home, it’s a good idea to familiarize yourself with the different first-time homebuyer programs available in your area. They can help you afford this major purchase. Programs vary in terms of their eligibility requirements and the types of assistance they offer, but all offer some form of financial... Read More

This article originally appeared on The Financially Independent Millennial and was republished here with permission. If you’ve been paying attention to the housing market recently, you will have noticed it’s on fire. From Seattle, WA, to St. Petersburg, FL, there isn’t a market that hasn’t been affected by the low mortgage rates and high millennial... Read More

In a Nutshell Yes, you might be able to get a home loan even if you owe taxes. Owing taxes or having a tax lien does make it harder and more complicated to get a mortgage. You can improve your chances of mortgage approval by actively working to resolve your tax debt even if you... Read More

Buying a house and getting a mortgage is a big investment– and not only for you. When you choose a mortgage lender and are approved for your home loan, your lender is agreeing to lend you all funds necessary to cover your home purchase. Because a house is a high-cost purchase, lenders want to guarantee... Read More

Update: Due to growing financial difficulties brought on by COVID-19, the Treasury Department has distributed over $6 billion to states in an effort to help struggling landlords and renters. States have now received $30 billion in rental assistance, and more is expected to come in the following months. In 2020, the federal government signed the Coronavirus Aid,... Read More