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How Do I Begin The Process Of Buying A Home?

by Net Sheet Calculator | Jan 30, 2020 | Starting:

Remember these pointers from the video: start by thinking about your situation. Are you ready to buy a home? How much can you afford in a monthly mortgage payment? How much space do you need? What areas of town do you like? After you answer these questions, make a...

How Does Purchasing A Home Compare With Renting?

by Net Sheet Calculator | Jan 30, 2020 | Starting:

Like the guy in the video says, the two don’t really compare at all. The one advantage of renting is being generally free of most maintenance responsibilities. But by renting, you lose the chance to build equity take advantage of tax benefits and protect...

How Do Lenders Decide The Maximum Loan Amount That Buyers Can Afford?

by Net Sheet Calculator | Jan 30, 2020 | Starting:

As you’ll see in the video, the lenders consider your debt-to-income ratio, which is a comparison of your gross (pre-tax) income to housing and non-housing expenses. Non-housing expenses include such long-term debts as car or student loan payments, alimony, or child...

How Can I Find Out Information About My Credit History?

by Net Sheet Calculator | Jan 30, 2020 | Credit:

Watch this video and take a few notes! There are three major credit reporting companies: Equifax – www.equifax.com 1-800-685-1111 Experian – www.experian.com 1-888-397-3742 Trans Union – www.transunion.com 1-800-916-8800 Obtaining your credit history...

How Are Pre-Qualifying And Pre-Approval Different?

by Net Sheet Calculator | Jan 30, 2020 | Financing:

Watch this video and it’ll make sense. Pre-qualification is an informal way to see how much you maybe able to borrow. You can be ‘pre-qualified’ over the phone with no paperwork by telling a lender your income, your long-term debts and how large a down...
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