Back Up Offers

Check out this great infographic from our friends at list reports. Understanding mortgage terms and phrases can drive anyone a bit cookoo. This particular term is most often used when the buyer is also trying to sell a home and has accepted an offer but has not yet closed on it. Let me know whatContinue reading “Back Up Offers”

Past Credit Issues Have You Worried About Getting a Mortgage?

I often hear concerns from potential home buyers about issues with their credit history. Many of these folks have good jobs and a steady income, but got punched in the gut by some “life event” in the past. They often think there is no way they will qualify for a mortgage because 7 years hasn’tContinue reading “Past Credit Issues Have You Worried About Getting a Mortgage?”