Category Archives: Financing
How To Find The Perfect Vacation Home In Angel Fire New Mexico
Many people call Angel Fire home all year round, but this is also the absolute perfect location to shop for a vacation home. This area of New Mexico is gorgeous and offers year-round outdoor adventures and a small, friendly
How Financial Prudence Is Costing Millennials
Millennials, in general, are lacking in credit, but it’s not because they don’t have the means to buy things. It’s the opposite, actually. Millennials, in general, don’t take on unnecessary debt. With the exception of college loans, they simply wait
3 Main Reasons An Appraiser Could Call For Repairs
Sometimes appraisers call for repairs in the appraisal. There are a small handful of reasons why an appraiser might call for repairs. Here are the typical three main reasons why an appraiser could call for repairs in the appraisal. If
Net Tangible Benefit Standards To Cash-Out Refi VA Loans
Net Tangible Benefit (NTB) standards apply to all cash-out refinancing VA backed loans. The standards consist of three things: a NTB test, Loan Comparison, and Home Equity Disclosure. This blog post is for all the veterans, reservists, and active duty
Will The FICO Score 9 Help You Get Approved For A Mortgage?
If you’re thinking of buying a new home in Angel Fire, New Mexico, you probably know what a FICO score is. It’s your credit score that lets lenders know how risky it is to lend money to you. Most mortgages
How Much Does The New Mexico Homestead Exemption Protect?
New Mexico offers a homestead exemption to protect residents from homelessness as a result of debt. Covered by New Mexico statute § 42-10-9, the homestead exemption works for homeowners and renters. So, as long as the person owns, leases, or is in the