In any kind of lending, the organization giving the money wants to be sure that the borrower can actually afford to pay it back. Since a mortgage is typically the largest loan that a home buyer will have, lenders find it important to confirm that a borrower is not taking on too much debt. They … Continued
When first-time renter Angelica Fattu-Logan, 20, started applying for apartments, she braced for rejection. But those rejections never came — in part because she had good credit. “I applied to about three or four different apartments, and they all accepted me right away,” says Fattu-Logan, a drugstore manager and college student from Peoria, Arizona, who … Continued
The stress and excitement of buying a house has come and gone — it’s time to hang a welcome sign and call it home. But a new journey in budgeting begins once you’ve paid the closing costs and tipped the movers. Now it’s time to learn to budget as a homeowner. If you’re new to … Continued