Knowledge Base

Knowledge Base

Why Beycome’s FSBO and By Owner knowledge base matters Selling or buying a home on your own can feel like stepping into a completely new...

What Credit Score Do You Need to Buy a House? (2026 Minimums by Loan Type)

There’s no single “magic number” credit score to buy a house — the real minimum depends on the...

6 min Jul 22, 2020

How Do I Get a Copy of My Credit Report?

Why you should check your credit every year Checking your credit report and credit score each year helps...

2 min Jul 19, 2020

How Can I Better My FICO Score?

A FICO score is a type of credit used to assess the “risk” of lending to someone. A...

2 min Jul 17, 2020

What is a Good Credit Score?

A good credit score is what each of us aspires to. After all, a credit score is one...

8 min Jul 17, 2020

How Can I Build My Credit?

What is a credit score A credit score comes from an algorithm that analyzes the information in your...

3 min Jul 17, 2020

Can I Correct a Mistake in My Credit Report?

Before you pursue financing on a new house, it’s vital to check your credit report for any mistakes...

2 min Jul 17, 2020

Who Qualifies for an FHA Loan? Requirements, Limits & How to Apply

FHA loans are the single most accessible mortgage product in the United States. They’re designed for buyers who...

6 min Jul 17, 2020

What is the Size of Down Payment For FHA Loans?

Federal Housing Administration loans, often called FHA loans, offer strong advantages for new and first-time homebuyers. Many buyers...

2 min Jul 17, 2020

What Are Seller Concessions? How to Negotiate Thousands Off Your Closing Costs

Seller concessions are one of the most under-used negotiating tools in home buying. When used right, they can...

6 min Jul 17, 2020

How Does the FHA Help Buyers Purchase Homes?

What is an FHA loan Many families believe that low to moderate income or a less-than-perfect credit score...

3 min Jul 17, 2020

How Do I Find Down Payment Assistance?

Here’s a secret most first-time home buyers never learn: there’s free money waiting for you. Every state, most counties,...

7 min Jul 17, 2020

Are There Special Mortgages For First-Time Buyers?

When shopping for your first home, there are certain challenges that go beyond location, renovation, and making sure...

2 min Jul 17, 2020

Should I Buy Instead of Rent?

Buying a home is the great American dream! Homeownership remains one of the most powerful ways to build...

2 min Jul 6, 2020

When Does an ARM Make Sense?

What is an Adjustable Rate Mortgage An Adjustable Rate Mortgage, often called an ARM, is a home loan...

2 min Jul 6, 2020

Mortgage Pre-Qualification vs Pre-Approval: What’s the Difference?

Pre-qualification and pre-approval sound like the same thing — and lenders love to use them interchangeably — but...

6 min Jul 6, 2020

What Is PMI (Private Mortgage Insurance)? Cost, Rules & How to Avoid It

Private mortgage insurance — PMI for short — is the extra fee lenders tack on when you put...

6 min Jul 6, 2020

What is Mortgage Insurance?

Home buyers who have limited down payments for a home mortgage have the option to get a Mortgage...

2 min Jul 6, 2020

What is a Good Faith Estimate?

Within just three days of applying for a loan, you will get a document called a Good Faith...

2 min Jul 6, 2020

What is a (203k) Loan?

Repairs are costly, especially if you’re turning a less-than-perfect living space into your long-term dream home. DIY-ers who...

2 min Jul 6, 2020

What Information Do I Need to Apply For a Mortgage?

Once you feel financially prepared to take on a home mortgage, you are responsible for applying with a...

2 min Jul 6, 2020

What Does a Mortgage Payment Cover?

Issued by banks, credit unions, and online lenders, a mortgage is the overall cost of your home payed...

2 min Jul 6, 2020

What Are Discount Points?

You may hear several terms when lenders talk about this concept, including points, discount points, or mortgage points....

3 min Jul 6, 2020

How Can Home Buyers Avoid Closing Costs?

Closing costs are the fees associated with your home purchase that are paid at the end of a...

3 min Jul 6, 2020

What Are Closing Costs? A Complete Guide for Home Buyers

The down payment is usually the biggest cash hurdle between renting and owning. The good news: you probably...

6 min Jul 6, 2020