Documents Needed To Apply For A Mortgage

Nearly everyone that comes to us for a mortgage or refinance comments on the amount of paperwork they have to provide us with. We know, it is a lot. In

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5 Reasons to Go to a Mortgage Specialist Before House Hunting

It’s been decided; you’re going to buy a new home. Whether you’re a first-time homebuyer or a seasoned homeowner, the home buying process can seem a little daunting. Browsing through

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Your Escrow Account and Divorce

Divorcing your mortgage can be a tricky process. One of the most common questions we’ve received recently is about the escrow account and divorce. What happens to the money in

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Three Things to Consider When Getting a Mortgage

Have you been thinking about buying a home and getting a mortgage? We ask all of our clients to consider the following things when looking to buy. Doing so can

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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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Keeping Your Documents in Order

As Tax Day has passed, you may have your W-2s, insurance forms, and other paperwork still laying around. Our tip to you is to file that paperwork away in a

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Divorce Loans – Why Wait?

Divorce is never an easy time. If you and your spouse are both listed on the family home, you have several options. Before you choose a divorce loan, it’s important

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