Before you jump head first into searching for your dream home, you need to ensure your finances are in order. This includes reviewing and strengthening your credit. Here’s what you need to know! 
Why Your Credit Score and Report Matters
As a buyer, a strong credit score and report makes you a more desirable loan candidate. When deciding to approve you for a home loan, mortgage lenders take a deep dive into past car loans, student loans, credit cards, bills, and more. They also review your history of repayment and public-record information. If their findings are positive, they will be much more likely to approve you for a loan and offer lower interest rates and better terms.
What Credit Score Do You Need
The credit score required for a loan depends on the type of mortgage you select, the size of your down payment, and your lender. According to QuickenLoans, most lenders require around a score of 620 or higher to be approved for a conventional mortgage with lower interest . ...

Choosing the right real estate professional to work with is one of the most important decisions you can make in your home-buying or selling process!

The right agent can explain current market conditions and break down exactly what they mean for you.

If you’re considering buying or selling a home this year, make sure to work with the Yancey Realty team!
Give us a call today at 704-467-8877 to get started! ...

Reviewing your monthly expenses once a year is a great practice to get into. As you look at your monthly budget, you will find some expenses that are fixed, like your rent or mortgage, car payments, and child care expenses. But there are several other common monthly expenses that should be reviewed and re-negotiated each year.
Call your current car insurance provider and shop other providers to make sure you have the lowest possible premium at that time. Contact your cell phone carrier to make sure you have the best and lowest cost package currently available. Shop health insurance each year to make sure you are covered at the best possible price. Contact your gym to make sure you are paying the best current pricing for your membership.
Research your cable and internet provider’s offers online then give them a call to make sure you have the best pricing for your services. Cable and internet companies often have promotions or package pricing that could be lower than your current. ...

Happy New Year! We’re are so excited to see what 2021 has in store for us all!

If one of your goals for 2021 is homeownership, we’d love to help you! ...

If you’re thinking of buying a home and not sure where to start, you’re not alone! Here’s a map with 10 simple steps to follow in the homebuying process.
Give us a call today at 704-467-8877 to get started!