Photo by lumaxartWhen starting the process of buying a home it can be difficult to understand all the terms that are thrown around during the experience. Two terms that you are likely to hear are a front end ratio and a back end ratio. The lender that you go to for your mortgage will want [...]

Photo by TheTruthAbout…Right now, lenders are requiring higher credit scores to get the lowest interest rates than any time in recent history. The relation of credit scores and mortgage payments are important because if buyers have a credit score that used to be consider in the excellent range, they could get the lowest interest rates, [...]