4 Common Credit Misconceptions

As most people know, your credit score has a big impact on your mortgage rate and whether you can get a mortgage at all. However, there are a lot of misconceptions around credit scores. And if you do not have the right information, it is hard to make the best decision for your situation. So, here … [Read more...]

Community Spotlight: Managing Your Risks

In today’s video, I talk with Tyler Nichols of Northwestern Mutual about risk planning and how you can protect one of your most important assets: your income. https://www.facebook.com/drthorsen/videos/vb.688366899/10155067840076900/ Video Summary Any good financial plan includes risk … [Read more...]

The Difference Between Urban Vs. Rural Housing

First time homeowners usually can’t decide on which property to buy. There are several aspects to be considered such as the price, location and type of house. When it comes to location, you should choose one that can accommodate your way of living. Here are some differences of urban and rural … [Read more...]

Top 3 Mortgage Loan Scams to Avoid

Lenders have become strict in terms of mortgage loans, so borrowers have no choice but to opt for non-traditional funding sources. Because of this, there are already a lot of scams that have emerged and these usually target the desperate borrowers. If you were not able to avoid these scams, you can … [Read more...]

Mortgage Mistakes for Mortgage Applicants to Avoid

One of the largest purchases that you can make is buying a home. This is a huge decision and it involves a huge amount of money so it is just right to be wise with it. When you don’t have all the money to pay the amount in full, you can still get one via a mortgage. When applying for one, make sure … [Read more...]