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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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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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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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

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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

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Can I Borrow More Than the House Is Worth?

Can I borrow more than the house is worth? If I’m pre-approved for up to a $200,000 loan and the house I want to purchase is only $150,000, can I

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5 New Construction Home Tips

So, you’re thinking that your next house might be a new construction home. What exactly does that entail? Most of the information online pertains specifically to purchasing an existing home,

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Buyers: You Need A Real Estate Agent

This is a topic we feel strongly about, having worked in the mortgage industry for years. We’ve worked on transactions where the buyer doesn’t have a real estate agent to

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Frequently Asked Mortgage Questions

Here at Mortgage Specialists, one of our favorite aspects of the job is educating our clients on the mortgage process. It isn’t a process that many go through often, so

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