How to Remove Disputes from Credit Report

Melissa Kerick

Published on: 25/07/2024

Whether you're eyeing a new car or the home of your dreams, your credit report is crucial. It gives lenders a clear picture of your financial history, but it's not always accurate.

credit reportcredit scorecredit historycredit disputeinaccurate credit reportfraudulent activitymortgage approvalloan applicationdispute processcredit bureausequifaxexperiantransunioncredit monitoringfinancial documentationsupporting documentationdispute lettercredit repairimprove credit scorecreditworthinesshome buyingFair Credit Reporting Act (FCRA)Accurate credit reportCredit report errorsCredit report correction

Breaking Down Your Monthly Mortgage Bill: Understanding PITI and PITIA

Melissa Kerick

Published on: 29/06/2024

As you get ready to buy a home, you might be curious about what your monthly mortgage bill will include. You may have heard the terms “PITI payment” or “PITIA payment,” which refer to the various costs in your monthly mortgage bill.

monthly mortgage billPITI paymentFirst Mortgage Paymentprincipalinteresttaxesinsuranceassociation feesmortgage statementclosing on a homeescrow accountproperty taxesmortgage insurancehomeowners insurancehazard insuranceHOA feesfinancial planninghome buyingreal esatet taxesrefinancemortgage type

Debt-To-Income Ratio (DTI): How much can I afford as a monthly mortgage payment?

Melissa Kerick

Published on: 28/06/2024

As you’re preparing to buy a home, it’s a great idea to understand how to calculate your DTI, because this gives you a clearer picture of your finances and how much you can afford as far as a monthly mortgage payment.

debt-to-income ratioDTImonthly mortgage paymenthousing expense DTItotal obligationcalculate DTIgross monthly incomemortgage affordabilityideal DTIratiosmortgage advisorhome buyingfinancial preparationmonthly debtsprincipalinterestreal estae taxeshomeowners insurancestudent loanspersonalized mortgage advicemortgage guidelineslocal programsmortgage quaificationfinancial guidancehomeownershipmortgage planningfinancial ratios

Down Payment, Closing Costs, Cash To Close: How much do I need to save?

Melissa Kerick

Published on: 28/06/2024

Your savings will play a major role in your home buying decisions. If you’re gearing up to buy a home, it’s probably a good idea to start saving ahead of time. But what costs exactly do you need to save up for?

down paymentclosing costscash to closehome buyingsave for down paymentmortgagehome purchasedifference between down payment and closing costscash to close calculationupfront costshome ownership real estate feesappraisallending feestitle feescredit report feerecording taxpest inspectiondown payment assistanceseller concessionsseller credittransfer taxproperty taxeshomeowners insurancemortgage insurancebuyer's marketitesemized fee sheetloan estimatepre-approval