Delayed Gratification

Journeying away from our typical mortgage or loan tips and guidelines to speak about something that is equally as important and impactful when purchasing a home– delayed gratification.  Delayed Gratification

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Buying a House with Student Debt

We get questions regarding buying a house with student debt all the time. Can I get a mortgage when I have student debt? How can I save for a down

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7 Financial and Lifestyle Benefits of Homeownership

Owning a home is a large part of the American dream. According to a 2019 survey conducted by the National Association of REALTORS®, “Approximately 75% of non-homeowners believe homeownership is

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Home Appraisal 101

What is a home appraisal? Is it the assessed value or is it determined during the home inspection? It’s neither. A home appraisal is a qualified third-party’s educated opinion on

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Pre-qualification, Pre-approval, and Loan Commitment: What’s the Difference?

You’ve finally decided to take the plunge into homeownership, but finding out where to begin can be difficult. Here at Mortgage Specialists, we advise that you seek out a lender

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Glossary of Common Mortgage, Loan, and Real Estate Jargon

Diving into the realm of buying/selling a home or applying for loans can be a scary maneuver. There is money on the line and tons of jargon that you don’t

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Five Most Common Questions First-Time Homebuyers Have

Buying your first home can be a very stressful time as it is likely the largest decision you have made in your life. In our experience, the following questions are

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Why It Matters Where You Get Your Pre-Approval

“Does it matter where I get my pre-approval from?” We get this question quite often.  Here’s our two cents — When sellers review your offer, the lender you choose will

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Recasting A Mortgage Loan

Have you ever heard of recasting a mortgage loan? We’re assuming not. It’s a little-known tool that allows you to lower your monthly mortgage payment without having to refinance. Sounds

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Recession, Interest Rates, and Real Estate

We pride ourselves on being transparent and sharing up-to-date tips and information. With speculation of a recession on the horizon, we are here to share the statistics to help with

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