Getting pre-approval for a mortgage is a good idea, especially if you want to purchase a home in a seller’s market. In a bidding war, a pre-approval letter from a financial institution proves to sellers that you have the finances to back your offer. When the lender...
Buying a home is one of the biggest investments you’ll make in your lifetime. While many people wait until they are married or in a relationship to purchase their first home, buying a house is possible when you’re single. Despite the challenges of financing a home...
One of the most critical decisions any home buyer must make is to choose between a fixed rate and an adjustable mortgage. While there are pros and cons to both types of home loans, fixed rate mortgages are far more popular. According to the Consumer Financial...
Becoming a homeowner is a significant milestone in your life. Whether you plan to build your dream home or explore the existing houses on the market, it is an exciting process. However, applying for a mortgage can be a daunting process if you’re a first-time...
Refinancing your mortgage is a great way to take advantage of low interest rates, change your loan term or use the equity in your home to pay for milestone events, college tuition, or renovations. Refinancing involves paying off your existing home loan and replacing...
