How Long Is a Mortgage Pre-approval Good For?

In order to obtain a mortgage pre-approval, the buyer needs to provide their lender with a picture of their financial situation. After receiving the documentation, the lender analyzes the buyer’s information and determines if they’re eligible for a loan. If they are, the lender issues a mortgage pre-approval for a certain amount.

Share
How Do Lenders Verify Income?

Regardless of where you get a mortgage, you will always need three things - income, credit, and money down - and you’ll need the proper documentation for each.

Share
What Are My Options for Locking in a Mortgage Interest Rate?

Locking in a rate with a lender is a way to protect yourself from potential interest rate increases while you're in the homebuying process.

Share
7 Financial and Lifestyle Benefits of Homeownership

Taking the leap into homeownership offers a variety of benefits that can greatly enhance one's life. Homeownership is a path to financial stability, equity accumulation, and the potential for property value appreciation.

Share
6 Steps to Buying a Home

From navigating the real estate market to securing a mortgage & closing the deal, each step to buying a home requires careful consideration.

Share
What Is Mortgage Insurance?

Mortgage insurance is a type of financial protection that lenders require when borrowers make a down payment of less than 20% of the home's purchase price.

Share
The 4 “P”s of Lending

First and foremost, buying a home and obtaining a mortgage is a significant financial decision, often involving substantial sums of money and long-term commitments. Whether it’s a mortgage company, credit

Share
What Makes up Your FICO Score?

Feeling like your financial fate is being determined by pesky, confusing digits? Credit scores are based on complex algorithms that take multiple factors into account such as payment history and

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