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
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

Share
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

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

Share
Use Your Tax Refund To Save For A Down Payment

Tax season is in full swing. This means that many local Omahans will be receiving or have already received a tax refund of varying amounts. And we think the best

Share
Qualify For A Conventional Loan

If you’re in the market for a new home, it’s important to know that the housing market is a seller’s market right now. That means there are a lot of

Share