The SCOOP! Blog Read Amazing Insights.

If you don’t have substantial earnings, it could still be possible to buy a house.Buying a home can be challenging if you have low income, but it's an important step toward building assets and growing your net worth. Loans for low-income borrowers can make homeownership more achievable.What Is a ...

Ready to apply for a mortgage? This document checklist will help you find what you need.When you're buying a home, gathering the paperwork for your mortgage before you apply can be a big task. Tracking down documents can take time but doing it before you need them could help you get to the closin...

As interest rates have climbed, homebuyers have been confronted with higher borrowing costs.That has led more home purchasers to opt for one strategy, purchasing mortgage points, as a way to defray higher monthly payments.Mortgage points let buyers pay an upfront fee to lower the interest rate on...

Your financial history and housing plans can determine your ideal mortgage type.Your life and finances are different from every other home buyer, and your mortgage should be tailored to fit. There are several different types of mortgage loans. Finding the type of mortgage that meets your unique n...

Find out what $250K buys you across the nation.Whether you’re simply browsing or looking to relocate, we’ve scoped out a home for sale for $250,000 in 25 major cities across the country. Revealing just how much house you can get for your money, these homes range from a 500-square-feet coop in New...

The United States' mortgage debt totaled more than 15.5 trillion in the first quarter of 2019(Opens Overlay), making it the most substantial debt for American households. Conventional wisdom tells us mortgages are good debt because homes typically appreciate in value, but that doesn't mean you sh...

Some homeowners are eager to get out of their mortgage early, with reasons ranging from eliminating the psychological pressure of debt to slashing interest payments. For retirees, especially, paying off a home loan early can help increase cash flow.Whatever your motivation, paying down your mortg...

Want to buy a house but short on cash to get the deal done? It's a common problem that is keeping countless potential buyers on the sidelines. "Money issues often stand in the way of homeownership," said Bankrate. "A survey by rental service Apartment List found that 80 percent of millennial rent...

When it comes to buying a home, obtaining a mortgage pre-approval is an essential step in the process. A mortgage pre-approval provides you with a clear idea of your budget, helps you narrow down your home search, and makes you a serious contender in the eyes of sellers. However, it’s important t...

Getting your hands on and filling out a home loan application is the first thing you’ll likely do when deciding it’s time to buy and finance a home. You can complete an application in the presence of your loan officer (preferred) or you can DIY at a lender’s website. But whenever and however you ...