How Variable Income Impacts Buying Power
Types of Variable Income Variable income typically falls into four categories: Commissions If you are in a sales position, it is likely that in addition to your salary you also earn commission [...]
Debt to Income Ratio
The debt to income ratio determines how much debt you have in comparison to your income. This number is important for your lender, because it helps them determine your ability to pay back your [...]
Understanding Your Credit Score
To put it simply, we can say that a credit score shows numbers ranging from 300-850. It is calculated on the basis of a client’s credit history. Your credit score has a strong impact on your [...]
Self-Employed and Mortgage Borrowing
There are many perks to being self-employed. You build a business you love, based on your own values and passion. You work hours that you choose. Nobody tells you how to do what you love. But now [...]
Mortgage Rate VS Fed Rate
Within the mortgage industry, there are a lot of terms you will hear and might not understand what they really mean. One of those terms is the fed, or the federal funds rate. Many people [...]
