Last Updated on 09/22/2017 by GS Staff [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] Generally, you can get a mortgage on some types of benefits even if you do not have a source of employment. There are various types of benefits you might receive such as social security, pension, veteran affairs (VA) and unemployment. Lenders commonly want to …
Last Updated on 09/20/2017 by GS Staff I was a mortgage underwriter for many years. I will tell you how I became an underwriter and how others did it as well. However, keep in mind that there is not just one path to take to become an underwriter. Read what I say below, read what …
Last Updated on 09/18/2017 by GS Staff [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] A bank statement (pictured above) is a document that lists a bank account holder’s deposits and withdrawals. It commonly covers a specific period such as 30 days. A bank statement is typically mailed to the account holder monthly. Alternatively, many banks offer the account …
Last Updated on 09/18/2017 by GS Staff [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] The number of months required will vary based on your lender. However, the typical requirement is a full two-months of statements. The transaction history must cover a full 60 day period. Lenders commonly want to see the following information on the bank statements: Beginning …
Last Updated on 09/20/2020 by GS Staff Costco is probably one of the most confusing stores when it comes to what payment methods they accept. Not so long ago, Costco’s credit card of choice was American Express. This meant that you could only pay with American Express, a Costco credit card, debit/ATM cards, cash, checks, …
Last Updated on 09/16/2017 by GS Staff [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] No, an authorized user is not responsible for credit card debt. An authorized user can complete purchases with the primary cardholder’s credit card, but they are not liable for the debt. This is why it is so important to fully trust the authorized user …
Is an Authorized User Responsible for Credit Card Debt? Read More »
Last Updated on 09/25/2020 by GS Staff Yes, WinCo does accept checks for purchases just like many other grocery stores. You will have to show valid identification with the check. The address on the identification must match the address on the check. WinCo accepts the following identification cards when presented to the cashier with your …
Last Updated on 09/13/2017 by GS Staff [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] APR stands annual percentage rate. The APR is the total cost of borrowing. If you have a 24.99% APR, this is the amount you will pay annually to have the pleasure of borrowing from your credit card company. Your credit card company actually breaks …
Last Updated on 09/11/2017 by GS Staff [otw_shortcode_dropcap label=”A: ” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] An appraisal contingency is verbiage that is typed in a purchase agreement. It states that the property being purchased must appraise for a certain value (usually the purchase price) or the buyer can get out of the contract or renegotiate. For example, if …
Last Updated on 09/08/2017 by GS Staff [otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] All mortgages will at least have one borrower who is responsible for repayment of the loan and will take title (ownership) to the property. When an additional borrower is added to the mortgage, this person is consider a co-borrower. For example, let’s assume there …
