El 74% de los propietarios que compraron casa antes de la pandemia se están perdiendo la oportunidad refinanciar y así reducir su hipoteca.
Buying a home is an enormous financial step for everyone. And, luckily, you often won’t have to go through the process on your own. A lot of people buy a home with another person. It could be a spouse, sibling or even a friend. If you’re going through the mortgage process with a partner or partners, you can choose for an individual or a joint mortgage.
In this article we’ll explain what’s involved in a joint mortgage, how to qualify, which credit score is needed and what happens if the other person wants to refinance or sell or passes away.
Mortgage giant Fannie Mae is permitting to include history of rent payment as part of the mortgage approval process. This means that it’ll be easier for borrowers with limited credit histories to get better access to home loans.