Absolutely false! There are many programs that will help you buy a home with less than 20% down. There are two ways to buy a home with...

If the bank declined your loan for one of these reasons, there is hope! A 2-year average of the income reported on your tax returns does...

What is a “Point” in lending? What does it mean when the bank suggests you “buy down the rate”, and does it make sense to do that? If you...

Before the liquidity crisis that began in 2007, if investment properties showed a loss on your taxes, lenders deducted that amount from...

When you are deciding whether you can afford to buy a home rather than remaining a renter, there are more factors to consider than the...

When you receive the final loan documents, it can be overwhelming. They are usually over 100 pages. It is tempting to skim over them all...

The liquidity crisis that began in 2007 seriously scarred most of us. Very few people want to consider an Adjustable Rate Mortgage (ARM),...

Some people think they can trust a quote simply because it came from a major bank. There is one major nationwide bank who is well-known...

Credit Card Tips Amount Owed The amount owed divided by your limit equals the percent credit usage. They care about individual credit...

When I began writing my consumer protection book before the 2007 liquidity crisis, the mortgage industry was like the wild west. There...

Does the APR quoted in an advertisement matter? Is it hiding something? The simple answer is “Yes, it matters; but can be deceiving”. APR...