Nick, & Cindy Davis

VA Home Loan

A credit card’s impact on credit scores changed

Trying to get a home loan? You may want to consider paying off your credit card bill first. As a result of the latest change by major credit rating agencies, mortgage lenders are now able to examine whether you pay the balance of your bill on a monthly basis or keep a balance. Which means home ... » Learn More about A credit card’s impact on credit scores changed

Suggestions for Buying A Home When You’re Self-Employed

Buying a home is a daunting process for everyone. With so much fine print to read through, options to consider and decisions to make, it’s not surprising we often hire somebody to help us with the process. If you’re self-employed, you could possibly face even more challenges with loans, deductions ... » Learn More about Suggestions for Buying A Home When You’re Self-Employed

Interest rates Cheaper Today, Yet Greater than a Week Ago

Mortgage Interest Rates managed to make modest gains today, moving just slightly lower for the average lender. That's a welcome development after 10 straight days of higher rates, but it's more of a symbolic victory for now. Reason being: many lenders are quoting the exact same rates as yesterday, ... » Learn More about Interest rates Cheaper Today, Yet Greater than a Week Ago

The expense of home renting vs. owning in Florida

Personal finance website GOBankingRates.com released a guide detailing how monthly rent compares to monthly mortgage payments all over the U.S. To check out the price breakdown for all U.S. states, visit the GOBankingRates website. The bottom line: the expense to own a house as opposed to to rent ... » Learn More about The expense of home renting vs. owning in Florida

Debt to Income Ratio Why It Matters

Home shoppers wanting to qualify for a home loan may get declined because of a number they’ve never heard of: their debt to income ratio (DTI). If you’re a lttle bit hazy on Debt to Income Ratio (DTI), you’re in good company. According to Fannie Mae’s Economic & Strategic Research (ESR) Group, ... » Learn More about Debt to Income Ratio Why It Matters