Sun American Mortgage

Barely anyone wants to keep writing rent checks each month. Buying a house is the secret to breaking out of that rent cycle. A common misconception a lot of people have is that they can’t afford to pay a mortgage, which is why they choose to rent. That’s actually not true at all, there are so many options out there! There are plenty of options for low-income earners or those with a less than an ideal credit score – Which is what we’ll go over in this post, so keep reading! Check Out Home Buying Programs For Borrowers with Low Credit Scores: Borrowers who want to buy a house in Utah but have a poor credit score experience tough times finding mortgage lenders who are ready to accept their applications. Fortunately, we have home buying programs that favor borrowers with bad credit. Here are some of the options available to home buyers with a bad credit score who are interested in buying a house in Utah. – The FHA Loan: An option that is perfect for first-time homebuyers. Th

Whether to rent or buy a home remains an overwhelming question for a majority of Americans. Everyone holds an opinion when it comes to renting vs. buying. Sadly, not even experts have managed to hold back their two cents on the question of home renting or home buying. So, what are some of the pros and the cons of renting vs. buying? Is it better to rent or own a home? In this post, we look at the advantages and disadvantages associated with home renting vs. buying. If you are on the fence about buying a home or renting, here are some ideas to backup your argument. Let’s start with home renting: HOME RENTING A recent report shows that more people are renting their homes right now than at any point 50 years ago. In 2016 close to 37% of households lived in rental properties. This can be attributed to the larger amounts of student debt, fears from the housing crash of 2008, and a myriad of other reasons. So, what are the pros and cons of renting properties? ADVANTAGES OF REN