Living in one unit and renting another can be an appealing homeownership plan, but the proposed rent is not automatically qualifying income. If you are considering a Decatur duplex, discuss occupancy and rental-income documentation before you shop from a
The days before closing are busy, but the loan documents deserve more than a quick glance. If you are financing an Atlanta purchase, use the Closing Disclosure to check the terms and costs you are about to accept. Write down differences and ask for explan
An appraisal and a home inspection may both involve someone visiting the property, but they answer different questions. If you are buying in Decatur, understand why one does not simply replace the other. Knowing the purpose of each helps you interpret fin
A larger account balance may help your purchase budget, but a lender can still need to understand how the money arrived. If you are buying in Conyers, discuss significant deposits and planned transfers early. Good records can reduce questions about whethe
Saving for a home can feel overwhelming, especially when you keep hearing that you need 20% down to buy. The good news is that for many buyers, that simply is not the case. Down payment requirements vary by loan type, financial profile, and homeownership
Your best paycheck may not be the figure a lender uses to evaluate a mortgage. If bonus or overtime pay is part of your income and you want to buy in Lawrenceville, prepare a clear history of the earnings. The lender needs to understand the pattern, not s