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How Do I Begin The Process Of Buying A Home?

by Net Sheet Calculator | Sep 25, 2019 | Starting:

Remember these pointers from the video: start by thinking about your situation. Are you ready to buy a home? How much can you afford in a monthly mortgage payment? How much space do you need? What areas of town do you like? After you answer these questions, make a...

How Does Purchasing A Home Compare With Renting?

by Net Sheet Calculator | Sep 25, 2019 | Starting:

Like the guy in the video says, the two don’t really compare at all. The one advantage of renting is being generally free of most maintenance responsibilities. But by renting, you lose the chance to build equity take advantage of tax benefits and protect...

How Do Lenders Decide The Maximum Loan Amount That Buyers Can Afford?

by Net Sheet Calculator | Sep 25, 2019 | Starting:

As you’ll see in the video, the lenders consider your debt-to-income ratio, which is a comparison of your gross (pre-tax) income to housing and non-housing expenses. Non-housing expenses include such long-term debts as car or student loan payments, alimony, or...

What Is A Credit Bureau Score And How Do Lenders Use Them?

by Net Sheet Calculator | Sep 25, 2019 | Credit:

As we show you in this video, a credit bureau score, or “credit score” is a number based upon your credit history that represents the possibility that you will be unable to repay a loan. Lenders use it to determine your ability to qualify for a mortgage...

How Can I Find Out Information About My Credit History?

by Net Sheet Calculator | Sep 25, 2019 | Credit:

Watch this video and take a few notes! There are three major credit reporting companies: Equifax – www.equifax.com 1-800-685-1111 Experian – www.experian.com 1-888-397-3742 Trans Union – www.transunion.com 1-800-916-8800 Obtaining your credit history...
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