Navigating the Paper Trail: Understanding the Mortgage Application Process Embarking on a journey to refinance your home loan or secure a mortgage for a new property can seem like diving headfirst into a sea of paperwork. But fear not, as…
Credit Scores In mortgage underwriting, there are three primary considerations – the “three C’s”. Credit, Capacity to Repay, and Collateral. Of these, credit is the one people think of most often. The credit category encompasses several different components, but credit…
Answering Your Top Mortgage Questions Are you preparing to embark on the journey of homeownership? If so, you likely have numerous questions about mortgages and the mortgage process. Understanding the intricacies of mortgage financing can greatly influence your decision-making process…
The Best Current Home Loan Types Most people need financing to buy a home. Even with a large down payment, you’ll need a loan to make up the rest. Fortunately, you have many options. Mortgage guidelines have loosened up in…
Unlocking the Door to Affordable Homeownership: Bold Proposals The Biden Administration has just unveiled groundbreaking proposals aimed at revolutionizing homeownership affordability. These visionary plans not only promise to build and renovate over two million homes but also introduce two game-changing…
4 WAYS TENANTS LOSE MONEY Ah, the joys of renting! No property taxes, no maintenance worries, and the freedom to pack up and move when you feel like it. But let’s be real—renting isn’t always a walk in the park.…
How to Prepare to Buy Your First Home? Buying your first home is exciting and overwhelming all at once. Before you get in over your head, use these simple tips to best prepare you for one of the largest investments…
How often do closings fall through? Closing on a new home is an exciting time, but it can also be stressful, especially if there is a possibility that the closing might fall through. Unfortunately, there are many reasons why…
Do Real Estate Agents Lie about Other Offers? In the competitive real estate industry today, it’s common to wonder if real estate agents lie about other offers. It may sometimes feel surreal when you hear ‘there’s a lot of interest’…
Do Lenders Require a Home Inspection for Mortgage Approval? Securing home financing can feel overwhelming. Lenders ask for a lot of information not only about you but the property too. It’s their job to make sure the collateral is worth…
