Getting pre-approved for a loan should be the first and is the best step you can take in your home buying process. Before even looking at homes, you should talk to a mortgage broker or lender to see what your options are. A pre-approval tells you what a bank is...
At this time borrowers have a chance to lock in mortgage rates at historically low rates. Lower inventory to purchase from and a competitive seller’s market can make finding the right home a bigger challenge. This has some buyers wondering when they should lock in...
What to Do if You’ve Been Denied for a Mortgage Part 2 – If you have applied for a mortgage and have been denied, you are probably wondering why you were not approved and if there is any hope of you becoming a new homeowner in the future. In an earlier...
Not all mortgages end in final approval and the purchase of a home. Some mortgages never get to the final signing of papers and handing over of keys. If you have been denied for a home loan the following articles have some great tips on what to do next. Thoroughly...
Being preapproved before looking at homes is always the correct way to do things when buying a property but when should you get preapproved, why, and what is it? Being preapproved with a lender is more than simply typing in your income in a mortgage calculator online...
Here we are several days into a government shutdown and many people are wondering what impact that will have on real estate, the housing market, and the mortgage process. For many people, dealing with the government shutdown interrupts our life in several ways and can...