Caroline Banton

What Credit Score Do You Need to Buy a House?

Lenders typically require a credit score of around 740 to offer you the best loan terms, but that doesn’t mean you can’t buy a house if your score is lower. The mortgage options that you qualify for will vary depending on your creditworthiness. With a good credit score, you can secure better terms, such as a better interest rate, a larger loan amount or a lower down payment.

January 1, 2025

HELOCs Explained: What Is a Home Equity Line of Credit?

You can benefit from the equity in your home before your mortgage is paid off. With a home equity line of credit (HELOC), you can borrow against the equity you have earned at a lower interest rate than you would with a personal loan or a credit card.

January 1, 2025

Real Estate Agent vs Broker vs Realtor: The Differences Explained

While the roles of an agent, broker, and Realtor often intersect, there are distinct differences between all three in the real estate industry. 

January 1, 2025

Setting Your Budget: How Much Should You Spend on a House?

Buying a home can be tempting, particularly in a vibrant market. In 2025, experts in the industry are estimating high demand with a 10% increase in sales. However, you must look closely at your current budget and financial situation to avoid becoming house-rich and cash-poor.

January 1, 2025