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Buying A House In 2023: A Step-By-Step Guide

Savings Corner

Check your credit score Your credit score will help you determine your financing options; lenders use it (among other factors) to set the terms and rates of your loan. Common real estate contingencies can hinge on financing, appraisal, home inspection and more. Would renting for another year or two improve your financial standing?

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Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

You’ll turn in any required financial documentation. How to refinance your mortgage What happens when you refinance your home or rental property ? The refinancing process is similar to the purchase mortgage application process: The lender reviews your finances to assess your risk level and determine your eligibility.