11 Mortgage Terms Homebuyers Should Know
Every industry has insider jargon. While homebuyers don’t necessarily need to understand every term used in the mortgage industry, there are some words, concepts, and phrases you will benefit from understanding. Key Takeaways Unless you work in the industry, you probably won’t know the meaning of every word you hear. If you don’t understand […]
How To Prepare For Your Mortgage Application
Taking out a mortgage to buy a home is the largest financial decision most people will ever undertake, so it’s wise to spend some time fully understanding how your current financial situation may impact your future mortgage options. The more time you give yourself to prepare before you’re ready to apply, the better off you’ll […]
Actions To Take (and Ones to Avoid) During The Mortgage Process
Homebuyers may not realize it, but there’s still important work to do after they’ve submitted their mortgage application. That work is to maintain the financial picture provided in their application until a decision has been made. If lenders see changes to an applicant’s finances after they apply, no matter how small the change may seem, […]