Money Needed To Buy A Home

When we speak with first-time home buyers, we’re often met with surprise when outlining the amount of money needed to buy. Many clients come to us knowing about the down payment and monthly mortgage payment, and that’s about all. We’d like to go over the general expenses to expect when buying a home, as well as the money we’d recommend having on hand.

Share
Buying a House with Student Debt

We get questions regarding buying a house with student loan debt all the time. "Can I get a mortgage when I have student debt?" "How can I save for a down payment while paying off student debt?" "I have a mortgage and student debt, should I start paying one off early?" Let's dive into it!

Share
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 before beginning to house hunt.

Share
4 Common Home Buying Mistakes

When first-time home buyers come to us, we take the time to explain all the ins and outs of the mortgage process. We teach them what to look for and common home buying mistakes to avoid.

Share
Three Reasons to Get Pre-approved Early

It's generally best to obtain pre-approval early - before starting to look at homes. We recommend getting pre-approved as early as six months to a year in advance.

Share
Conventional Loan Guidelines

Conventional loan guidelines were created by the government and are enforced to protect the lender, borrower, and investor.

Share
How To Choose A Mortgage Lender

You’ve decided you’re ready to buy a new home. The first step is choosing a mortgage lender. But how on earth do you go about finding the right lender for

Share
Sellers Don’t Like FHA Loans

If you’re a first-time homebuyer, you may have heard that sellers don’t like FHA loans. You were probably left wondering why the seller would care about the type of mortgage

Share
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

Share
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

Share