| When it comes time to buy a house, you should look | | | | make sure that you have been responsible in your |
| for mortgage advice first on the Internet and then from | | | | financial behavior. Because of the current mortgage |
| the experts. This information is plentiful everywhere, | | | | loan crisis, it's very, very difficult to get a mortgage |
| but be sure to research sources carefully so that you | | | | these days even if you have good credit. Therefore, |
| don't take advice from someone who simply wants to | | | | your own has to be stellar to get the best mortgage |
| sell you something, for example. There are many good | | | | rates. For at least a couple of years before you try to |
| "generic" financial websites out there that contain good | | | | apply for your mortgage, you should have been very |
| information about mortgage loans for nurses where | | | | responsible in your own financial behavior with no past |
| you're not being "sold" on something. | | | | due bills, overextended credit cards, and so on. If you |
| What should you look for when it comes to mortgage | | | | have had a very good financial record for least the |
| rates? | | | | last couple of years, you should be in good shape to |
| Again, financial websites are a good place to look | | | | apply for mortgage loans for nurses. If not, get your |
| when you are trying to determine what current | | | | financial house in order by being responsible with your |
| mortgage rates are. Mortgage rates fluctuate often, | | | | bills, paying down credit card debt, keeping up with |
| because they change as the government changes | | | | student loans, and so on. Do this for a couple of years |
| interest rates in general. However, again, this is good | | | | before you try to pursue your dream of buying a |
| generic information that should be available anywhere | | | | house. |
| on the Internet. | | | | If your financial house is in order |
| Getting your own records and finances in order | | | | Once your financial house is in order, you're all set to |
| Before you even begin to look for mortgage loans for | | | | begin to pursue your dream of buying a house. There |
| nurses, make sure your own financial house is in order. | | | | are lots of good buys on the housing market these |
| Pull your credit report from each of the three major | | | | days because of the mortgage crisis, and lenders |
| credit bureaus (Equifax, Experian, and TransUnion), and | | | | should be willing to work with you to get the best |
| make sure that you have no unresolved debts. | | | | mortgage rates if you're a good candidate. That said, |
| First of all, take a look and make sure everything on | | | | though, it's likely that a lender is going to want you to |
| each credit report accurately reflects your own | | | | have at least 20% to put down on the house; this |
| situation. Are all of the debts yours? If they're not, write | | | | wasn't always true, but with tightening mortgage and |
| each credit bureau listing each of the debts, past due | | | | credit acquirements, this is much more likely to be the |
| bills, etc., that aren't yours and dispute them. By law, the | | | | case. |
| credit bureaus have to investigate these by contacting | | | | With that said, if you have a good steady job, pay |
| the creditors in question. If the creditors don't respond | | | | your bills on time, have a good credit history, have 20% |
| or if the debts are found not to be yours, they have to | | | | of the house's price to put down, and live within your |
| be removed, usually within 60 days. | | | | means, mortgage rates should be favorable so that |
| Is your credit rating in good order? | | | | you can buy your dream house. |
| Next, take a look at your own financial history and | | | | |