Many people dream of owning their own a home. It is a source of pride. Most people have to apply for a home mortgage in order to buy a house.

Pay off your debts before applying for a home mortgage.A high level of debt could cause your loan to be denied.Carrying debt could cost you financially because your mortgage rate will be increased.

New rules under the Home Affordable Refinance Program may allow you to apply for a new mortgage, whether you owe more on home than it is valued at or not. This new opportunity has been a blessing …