If you’re looking to buy a Vero Beach home you probably already know that your credit score is important. But if you have a low credit score, you do still have options. First, you should figure out what lenders expect of your credit score, since you might be surprised to find that you can indeed buy a Vero Beach home […]
Do Not Buy Your FICO Score
Whether you're buying a Vero Beach home, or just shopping for a new car, most every lender you apply to for a mortgage or loan will want to see your credit report and your FICO score. What most people don't realize is, the FICO score your lender pulls and the one you may have paid for are not always the […]
Buying a Vero Beach Home – Clock is Ticking
If you're even remotely considering buying a Vero Beach home, there's no time like the present. The clock is ticking, and soon, getting a mortgage will likely become more difficult and more expensive. Loan limits for popular mortgages are scheduled to drop in January 2014. The Federal Housing Finance Agency is planning to slash the maximum size of mortgages eligible […]
Vero Beach Reverse Mortgage Pros and Cons
There is growing trend today among older Americans who are increasingly looking at a Vero Beach reverse mortgage to tap the equity they've built up in their home over the years, now that they are in the low or no income category and can no longer qualify for the traditional refinance or home equity loan. There are some pros and […]
Vero Beach Mortgage Rates With No Fed Tapering
Vero Beach mortgage rates are declining after the recent announcement by the Federal Reserve that they were not going to start to reduce their Bond buying program. Instead they left their easing program intact for the time being and will continue to buy 85 Billion dollars' worth of Mortgage backed and Treasury Bonds per month. The slowing pace of economic […]