When it comes to buying homes, baby boomers lead the pack with the largest share of home purchases. Older mortgage applicants may face income-related challenges getting approved for home loans.

When you’re serious about buying a home, one of the first steps you should take is getting a mortgage preapproval. It’s a relatively quick process that involves a lender pulling your credit and ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

While having an excellent credit score (800 or higher) can help you get the best loan terms, it’s not a requirement for ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

A mortgage commitment letter is a crucial document in the homebuying process, indicating a lender's intent to provide a loan. It reassures sellers of a buyer's financial capability and outlines the ...

Getting a mortgage is challenging for anyone, but there are additional hurdles if you're your own boss. Lenders typically require pay stubs, W-2 forms and a record of steady employment. They consider ...