Affinity Home Lending

Self-employed borrowers can qualify for a mortgage, but lenders may calculate income differently from how a business owner measures earnings. For traditional financing, the review generally starts with tax returns, adjusts for eligible items, and considers whether the income is stable and likely to continue. Bank-statement programs use a different meth...

A  mortgage preapproval tells you what you’re approved to borrow. It doesn’t answer the real question: how much house can I afford once I find a the right house?

Two homes at the same purchase price can carry very different total monthly housing costs. Property taxes, homeowners insurance, mortgage insurance, HOA or condo dues...

Buying before selling means finding your next home before your current one sells. This guide compares the paths buyers use to buy before selling their home. The right path depends on equity, cash, reserves, and timing, not qualification alone.

Yes, but not every borrow...

A seller concession — sometimes called a seller credit — is an amount the seller agrees to contribute toward your eligible closing costs. It’s structured as a credit at closing rather than a cut to the purchase price. Most buyers only think about it once they see the number on the closing disclosure. By then the decision has already been made for them. The credit gets applied...