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If you've found the house of your dreams but are having trouble qualifying for a mortgage, you could ask another person to co-sign your mortgage. Here are some things to consider.

Reasons to Have a Co-Signer

Buying your first house, high credit card balances or a poor credit history are all valid reasons for having a co-signer.

Co-Signer Considerations

If you ask someone to co-sign a mortgage, expect them to have legitimate reservations.

Doing so will incre...

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You applied for a mortgage. Now what?

You've found your perfect home, applied for a mortgage, and are waiting to close. It's very exciting to buy a house and think about how you're going to make it your own home, but there are a few key things to keep in mind before you close. 

Below is a list of things to avoid doing after applying for a mortgage. Avoiding these actions can help ensure your financial lender will approve your home loan.

1. Avoid depositing large amounts of cash into your bank accounts before speaking with your lender. Because cash isn't easily traceable, you should discuss with your lender the best way to document your transactions.
2. Avoid buying a new car, furniture, or any other large purchases. To qualify for borrowing a loan, you need a lower debt-to-income ratio. To have a lower ratio, you need to meet certain qualifications with your lender. And to ensure those qualifications don't chang...

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A global pandemic has put all of us into a state of unknown. For many of you, you're unsure where your next paycheck is coming from or if you'll be able to afford next month's bills. If you are struggling with making ends meet then forbearance may be a good option for you.

What is forbearance, and why does it matter?

Forbearance is when your payments--in...

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