Are you approved for an FHA loan? Or thinking an FHA mortgage could be the right direction for you? You very well may be correct, but let’s jump into the program, its history, how it works, and how it compares to conventional mortgages, so you can get a true breakdown. In the beginning (which
In recent reports by the Federal Reserves and by the National Association of Realtors, there (again) showed a huge disparity between the average homeowner’s wealth in this country, compared to the average renter’s wealth. To start, I just want you to visualize the chart below to help wit
Housing is one difficult beast to work around and talk about these days. Home prices increased quickly during the COVID years (unusually so) and interest rates have jumped up to Pre-2008 levels again. Though it is expected that rates will go back down at some point in the future, we still don’
Everyone is super focused on all the activities needed to get approved to buy a home, searching for a home, and taking the steps to close on a home, that many times they don’t ask some important questions about how things work with their mortgage after they close. Very surprising that humans d
Gol-darn high mortgage payments! Well, I guess that is just how it is, right? Those better not be the words in your brain. Where is your American Spirit of breaking the rules, not settling, and exploring the unknown? I can tell you, your American Spirit is going to be reinvigorated with this post be
Onward on our journey to credit mastery (and saving money)! Alright, hopefully you read “Making Your Credit Scores Magnificent – Part 1” already so you understand how big of an impact having good credit can be on your financial growth. It is another aspect of the “Optimize
Well, hello there again, and welcome to our next series, which is on credit and credit scores. Educators in the finance community seem to very rarely discuss improving your credit as part of their overall financial wellness education, which I find odd. I, myself, am odd, so maybe that comes in to pl
Ok, we are really cruising here. You should have already read “MAKING YOUR CREDIT SCORES MAGNIFICENT” – Part 1 and Part 2. In those you learned how much money you can save by focusing on your credit, ways to improve your credit scores with credit mix and credit length, and even mor
The Benefits of owning a home, aye? Well, really we are going to go into the benefits and negatives of owning a home to make sure we truly cover everything for you in your home buying educational enlightenment. Yes, I used enlightenment. This could be most people’s educational series that crea
Let us go into the world of financing (real estate financing), which is super sexy and exciting, just like most other topics Midwest Money Mentor jumps into (you will see this super sexy topic theme throughout our blog posts and trainings, as I’m sure you have noticed. Midwest Money Mentor, hi
