What is a bridge loan?
July 7, 2021
What is a bridge loan? A bridge loan is a sum of money that the bank loans to cover the interim period between two transactions, usually the buying of one […]
Read More...Category: Home Buying
The housing market is stabilizing, and homes are appreciating again. With today’s low interest rates and affordable home prices, it’s a great time to buy.
When is the best time of year to buy a house?
July 7, 2021
Winter is likely the best time of year to buy a home if price is your primary consideration, but buyers looking for options will find the widest selection of properties during the spring.
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How Much Does A Home Appraisal Cost?
May 24, 2021
You can probably expect to pay between $350 and $650 for a home appraisal. Here’s a breakdown of what that entails.
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What Is Mortgage Underwriting And How Does It Work?
May 19, 2021
Mortgage underwriting is the process lenders go through when deciding whether a mortgage applicant is a good bet as a borrower.
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What is a loan origination fee?
May 19, 2021
A loan origination fee is one of the closing costs you have to pay when your home purchase or refinance is finalized.
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Rent vs Buy: Which is better?
March 9, 2021
That’s a question without a simple answer; it depends on the specifics of your lifestyle and finances.
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Home Buying · Mortgage Rates · Understanding Mortgages
A 1% Rate Increase will Decrease Your Buying Power by 11%
January 24, 2020
How interest rates affect buying a home How do interest rates affect buying power when you’re searching for your next home? Will you have to settle for a less-nice house […]
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Home Buying · Understanding Mortgages
What is a mortgage underwriter?
January 21, 2020
Although you’re not likely to see or hear from this person during the mortgage loan process, the underwriter decides whether to approve, suspend or deny your home-buying loan. That’s where […]
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Home Buying · Understanding Mortgages
Are Mortgage Brokers The Best Friend a Home Buyer Can Hire?
January 15, 2020
If you’re in the market for a new home but don’t have time to wade through scores of applications or shop around for the best mortgage rates and terms, a […]
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Qualifying for a Mortgage With Student Loan Debt
April 16, 2019
If you struggle with student loan debt, you’re not alone. The average student loan borrower has $37,172 in student loans when they graduate, an increase of $20,000 from only 13 […]
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