Melanie Cameron - Forbearance vs Loan Modification vs Loan Deferment

Forbearance vs. Loan Modification vs. Loan Deferment

Melanie Cameron Homeowner Tips Leave a Comment

 REALTOR® Melanie Cameron explains the differences between a Forbearance, Loan Modification, and Loan Deferment. Don’t make a blind choice just because someone says you don’t have to pay your mortgage for 3 months. Each of these actions have different consequences and one may make your financial situation worse. If you have any questions, don’t hesitate to reach out to …

Accounting - Analytics- Balance

Increased Home Values Do Not Equal Less Affordability

Meghan Henderson Home Buyer Tips Leave a Comment

A tight inventory and buyer demand has led to an increase in home values. The typical home in the United States now costs $244,054. That is 3.7% higher than December 2018, according to a report from Zillow. When potential buyers see prices rise, it’s a gut reaction to think that homes are less affordable, and they should hold off on …

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“Should I Co-Sign a Mortgage?”

Meghan Henderson Home Buyer Tips Leave a Comment

If you have good credit and a low debt-to-income ratio, co-signing on a mortgage is a common tactic for helping a child, sibling, or other family member purchase a home when they normally wouldn’t be able to. However, there are some things to keep in mind when deciding if co-signing is a good option for you. After all, you will …

Benefits and Disadvantages for Using Online Lender

The Benefits and Disadvantages of Using an Online Lender

Meghan Henderson Home Buyer Tips Leave a Comment

Their commercials are all over television and streaming devices – online lenders advertising quick approvals and apps that make the application process super easy. The ease of accessibility appeals to home buyers who like the low-pressure benefits of shopping online and the swiftness of information retrieval. However, is there a benefit to using these online lenders and is their application …

Self-employed business owner

Self-Employed Mortgage Requirements – Assure That You Qualify

Meghan Henderson Real Estate Leave a Comment

Being self-employed can be a very rewarding experience. You carry a lot of responsibility for your own success and that of your business, but when you receive your paycheck, there’s no question that you earned every penny.  With close to 42 million people in America (about 33 % of workers) being self-employed, it’s easy to say there are many successful …