Getting pre-approved before shopping for a new home is a smart idea, but what if you don’t find the right home quickly? How long does that pre-approval last? Pre-approval Defined Before going out with a real estate agent to look for the perfect pr
May 06, 2020 | Purchasing a Home First-time Homebuyers Mortgage Basics
Employment history is a very important aspect of a mortgage application. Mortgage loans are usually for substantial sums of money and mortgage lenders want to reduce the risk that borrowers will default. One sign that a borrower will be consistent in maki
Mar 11, 2020 | Mortgage Basics
Whether you want to save on interest payments, avoid debt in retirement or just feel the thrill of complete ownership, there are plenty of reasons to pay off your mortgage loan early. Yet because a house is typically the largest purchase most Americans ma
Mar 04, 2020 | Refinancing a Home Mortgage Basics
When you take out a mortgage loan, your lender puts a lot of trust in you to repay the loan. Lenders can do this because they do thorough financial background checks on borrowers before agreeing to lend money. Your interest rate will be based on how credi
Jan 01, 2020 | Mortgage Basics Purchasing a Home
You think you understand how much your mortgage payment is going to be and then your first bill comes. There seems to be more included in your payment than you expected. What are all the fees in your monthly mortgage bill? Mortgage Principal Your
Dec 18, 2019 | Mortgage Basics Refinancing a Home Purchasing a Home Credit
Buying a home can be an overwhelming process, especially if it is your first time. It can be easy to get swept along in the process without stopping to make sure you are getting the best deal on your mortgage payment. There are at least six ways to ensur
Dec 11, 2019 | Mortgage Basics Homeowner Tips Refinancing a Home
