How Much Home Can You Afford?

When trying to figure out how much home you can afford, there are a lot of factors to consider. This article will walk you through some things to think about before you start shopping for your next home.   Key Takeaways   Your debt-to-income and housing expense ratios are key factors in determining how much money […]

The Difference Between A Prequalification And A Preapproval

If you’re shopping for a mortgage, you’ve likely heard the terms “prequalification” and “preapproval”, and are wondering how they differ. They are both actions a lender takes to determine how much money is appropriate to lend you. The difference lies in how closely your finances are examined to determine that figure.    Key Takeaways   A […]

Stages Of The Mortgage Process

This article explains the five primary stages of the mortgage loan process. There may be steps in addition to what’s covered here, but in general this article will let you know what to expect.   Key Takeaways It’s a good idea to do a self-evaluation of your finances before applying for a mortgage. Your information […]

3 Tips for First-Time Homebuyers

With the internet at the tips of our fingers almost at all times, we are just taps away from anything and everything we could ever want to know. While that’s usually an advantage, the web can offer up conflicting and confusing information…especially when it comes to buying your first home.    That’s why we’ve put […]

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 […]

Is an FHA mortgage right for you?

You may be able to buy a home without a large down payment or a perfect credit score. An FHA mortgage loan offers more flexible qualification requirements than a conventional home loan. Buying a home is a big deal, but it is also a realistic goal. Even if you have limited funds for a down payment […]

Top 10 Ways to Improve Your Credit Score

There are steps you can take right now that may boost your credit score, which can make it easier to rent an apartment, buy a house, or get a loan. One of the best things you can do for your financial health is build a strong credit score, which is sometimes referred to as VantageScore […]

Your Must-Do Fall Home Maintenance List

If you own your home, you can always find projects to keep you busy! Fall presents the perfect chance to tackle some specific projects that will enhance your home’s value and keep it looking great. Your house is likely your largest single investment. Keeping it in top condition is important. It takes some time and […]

8 Ways to Save For a Down Payment

Coming up with the funds for a down payment on a new home may seem overwhelming at first, but it is possible by developing a solid plan and sticking with it. It’s not an insurmountable task to save for the down payment on a new house. With patience, diligence, and discipline, you can come up […]