📍 Government-Backed Loans Are Changing – Will You Still Qualify? If you’re planning to use an FHA or VA loan, be aware—new regulations could change who qualifies and how much you’ll pay. 🏦 What’s Changing? 🔹 Stricter loan qualifications—borrowers with low credit scores may see new limits.🔹 Funding fee adjustments—VA loans may become more expensive for some...
Mortgages
📍 Market Volatility and Fed Decisions Could Determine Housing Affordability This Year With mortgage rates hovering above 6%, the big question on everyone’s mind is: Will they drop in 2024, or should buyers act now? 📊 What’s Driving Mortgage Rates? 📉 Falling bond yields could push rates lower, but inflation concerns are keeping rates high.🏦 The Federal Reserve’s next move...
At Kory White Real Estate Group, we know that strong credit is key to unlocking your financial goals—whether you’re buying your first home, upgrading to your dream property, or qualifying for the best mortgage rates. If you’re consistently paying rent and utilities every month, why not have those payments help build your credit score? Here’s how you can start getting credit for the bills...
Getting pre-approved for a mortgage is one of the smartest first steps in your home-buying journey. But let’s be real—no one loves paperwork. Knowing exactly what to prepare makes the process smoother and helps you avoid delays. Whether you’re a W-2 employee, 1099 contractor, or self-employed business owner, here’s exactly what lenders need—and the credit score ranges they’re looking...
When you’re applying for a mortgage, one of the most critical parts of the process is providing the necessary documentation. The type of documents you need can vary depending on how you’re employed. Whether you’re a W-2 employee or a 1099 independent contractor, this guide breaks down the requirements so you can prepare with confidence. Documents Required for W-2 Employees If you’re a...