Big Changes for Credit Reports! The CFPB’s New Rule on Medical Debt

You might have heard about this on social media or the news, but on January 7th, the Consumer Financial Protection Bureau (CFPB) made a big move. They finalized a rule to get medical bills off of credit reports. Here’s the scoop in simple terms: What We Know: Medical Debt Ban: About $49 billion in medical debt…

Whether you’re just starting to dream about your first home or you’re ready to dive into the housing market, understanding the trends can make all the difference. Here’s a rundown on what’s shaping the housing scene in 2025, aimed at helping you make smart choices. 1. Mortgage Rates Are Still a Big Deal First off,…

What’s Happening? Fannie Mae, one of the big players in the mortgage world, is updating their Desktop Underwriter (DU) system on January 18th. This system is like a super-computer that helps decide if you get approved for a loan. Here’s what’s changing and why it matters to you: 1. New Ways to Look at Credit…

In the past few years, buying a home has become harder for many people, mostly due to rising home prices and high mortgage rates. You might have heard the term “market correction” when people talk about the real estate market. But what exactly is a market correction, and how could it actually be good news…

When you’re shopping for a loan—like a mortgage—your credit report is pulled by a lender to see if you’re a good fit for borrowing money. But did you know that when your credit report is pulled, the credit bureaus (Experian, Equifax, and TransUnion) sell your information to other lenders? This process is called “trigger leads.”…

I’m going to explain something called Debt Service Coverage Ratio loans, or DSCR loans for short. If you’re looking to invest in real estate in North Carolina, South Carolina, and Virginia, especially rental properties, this type of loan might be a great option for you. Let’s break it down. What is a DSCR Loan? A DSCR…

If you’re a homeowner or potential homebuyer in North Carolina, South Carolina, or Virginia, recent news about the Federal Reserve reducing interest rates is worth paying attention to. Historically, when the Federal Reserve lowers its rates, mortgage rates tend to follow suit. This opens up a great opportunity for homeowners and buyers to save money…

Most mortgages are paid monthly, but you likely do have the option to make more frequent payments, which could save you tons of money on interest over the life of your loan and help you pay your loan off faster. We are based in Clayton, NC, and frequently help clients in Raleigh, Charlotte, Wilmington, Greensboro,…

A VA loan are mortgage loan is backed by the Department of Veterans Affairs and available to active duty military service members and veterans. The huge draw for service members to utilize a VA loan is that it typically has a lower interest rate, there’s no down payment required, no cap on how much you…

It’s voted the best investment time and time again. Why? Consistent returns, long term appreciation, and the ability to control your own asset. We are based in Clayton, NC, and frequently help clients in Raleigh, Charlotte, Wilmington, Greensboro, and throughout the beautiful state of North Carolina. We are committed to helping North Carolina residents buy…