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.
Best of Omaha Winner since 2021
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.
Conventional loan guidelines were created by the government and are enforced to protect the lender, borrower, and investor.
While we understand that interest rates are a key element when choosing a loan, they shouldn’t be considered as the only factor. Choosing a local mortgage broker for your home loan can make a somewhat stressful journey a whole lot smoother, as they can truly be a personal guide.
Comprehending credit inquiries and how they differ allows individuals to make informed decisions, while the deduping process ensures the accuracy and fairness of credit reporting.
Unlike government-backed mortgages, conventional loans are offered by private lenders. The lending decisions are based on each private lender's criteria, not government standards.
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.
A contingency offer includes conditions that must be met before the sale of a home can proceed and/or close. Because these stipulations usually cater to buyers, a contingency offer may introduce uncertainty or risk for the seller.
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.
Looking to save money, reduce monthly payments, or access cash for expenses? There's a type of refinancing to meet your needs. Let’s discuss!
© Mortgage Specialists. 
