How to Fix your Credit Score
Improving your credit score to purchase a home is a journey that requires a strategic plan, personal commitment,…
Qualifying for a Mortgage
Hello and congratulations on taking your first step towards owning your dream home! As someone who’s venturing into…
Real Estate Contingencies
One term that often comes to the forefront in home-buying is “contingency.” These are specific conditions outlined in…
Understanding how debt-to-income ratio works
Welcome to coolemortgage.com, where we unravel the complexities of homebuying for you! In this article, we’re diving into…
Common Pitfalls of FHA Loans
For many first-time homebuyers, an FHA loan is a great starting point. It’s known for being easier to…
The Pros and Cons of Adjustable-Rate Mortgages (ARMs)
In the ever-evolving world of home financing, understanding the different types of mortgages available can be the key…
How To Calculate Your Monthly Mortgage Payment
Embarking on the journey of buying a home is both an exciting and significant milestone in life. It’s…
Understanding Private Mortgage Insurance (PMI)
Embarking on the journey of buying your first home is an exhilarating milestone, but it often comes with…
Understanding Closing Costs: What Every Homebuyer Needs to Know
Buying a home is an exciting journey, but it comes with its share of complexities, one of which…
Explanation of the FHA Flipping Rule
The FHA flipping rule is a set of guidelines imposed by the Federal Housing Administration to regulate the…