While determining whether to buy a home you’ve probably heard the word “prequalify” floating around. But why? Getting prequalified for a mortgage before making an offer on a home is our #1 recommendation as lenders. It helps us, help you get the best home in your price range! What is Prequalification? Prequalification tells you how […]

It is a great time to be a millennial and to be in the market for a new home. Did you know that for the past 6 years millennials have been ranked as the generation that is most active in the housing market according to the National Association of Realtor’s Home Buyer and Seller Generational […]

Whether it is your first home purchase or not, you may have the question, “What should I expect at closing?” You’re not alone. Setting up a closing date is just the first thing. A few days before your closing you will receive a closing disclosure that will spell out things like your final closing costs, […]

When looking to buy a home, one of the biggest things to consider about financing is your credit, and particularly your credit score. A credit score is made up of different factors such as credit length, payment history, etc. It’s always helpful to know your score and also what things can affect it. This video […]

There are many factors that make up a credit score, some good and some bad. If you are thinking of buying a home, or are just curious about raising your credit score, here are 11 things to avoid that will negatively impact that score. Like we mentioned, there are many factors that make up a […]

What does a typical down payment look like? For years people have been told that you need to have a 20% down payment in order to qualify for a mortgage but that isn’t true! Putting that much down on a house will help you avoid mortgage insurance, but it may deplete your emergency funds. What […]

Why is Mortgage Insurance required on a conventional loan? Buying a home is a big financial decision. All buyers want a home they love, and a home they can afford. Mortgage insurance is included as part of your monthly payment, and with better credit you will notice cheaper mortgage insurance on your next conventional mortgage. […]

A Quick Overview Federal Housing Administration, or FHA, loans have been around since 1934, and these loans are meant to help buyers purchase their home for a lower down payment. The government insures the loan, allowing lenders like us to offer you a better deal for your mortgage. The buyer is required to pay the […]

With Mortgage interest rates still being very low, now is a great time for many people to refinance. But what are factors to consider before refinancing a mortgage? Know Your Interest Rate Before considering a refinance, find out what your current mortgage interest rate is and compare it to current rates. If your rate is […]

Fixed Rate Mortgages vs Adjustable Rate Mortgages With any purchase, people want to make the most out of their money. The same can be said when you buy your home. By calculating your monthly expenses and comparing that to your monthly income you can determine what price you can afford. Click here for more information. However, […]