Debt-To-Income Ratio: The Importance

April 27, 2011 by blogwriter · Leave a Comment 

Knowing your debt-to-income ratio is extremely important when you are wanting to finance your Morris County dream home. Your loan could be denied if your ratio is too high. Here is some information why it is very important to you and how it affects your financing. Debt-to-income ratio is simply a comparison of the money [...]

FHA and VA Home Loan Appraisals

June 2, 2010 by CindyTichy · Leave a Comment 

If you are purchasing a new home and have qualified for a VA or FHA loan,  you  will need a VA/FHA appraisal as well as a home inspection. It is important to understand that they are not really the same thing and it is vital that homebuyers understand the difference. A VA/FHA appraiser will indeed inspect the property from [...]