Avoid These Mistakes That Delay Closing Your Home Loan
Our goal is to get your home loan to close as quickly as possible --we know that when it comes to making an offer on your dream home, time is crucial. Did you know that you also play an essential role in making your loan close fast?
Here are the most common causes that delay home loan approval and...
Unpacking and Understanding The Mortgage Payment
As a first-time homebuyer, you likely have questions about your mortgage payments and how it's calculated. How much can you expect to pay? How are taxes paid? What's the purpose of mortgage insurance?
This post will unpack your mortgage payment so you know what you're paying for each...
Is A Reverse Mortgage Better Than A Traditional Mortgage?
Reverse mortgage versus a traditional mortgage --is one better than the other? The answer is that it depends on the situation. They have many similarities, but there are a few key differences that make reverse mortgages a better choice than a traditional mortgage. Or vice versa.
What To Expect The Day Your Home Loan Closes
“What happens on closing day and after?” That’s a question we get asked often.
On closing day, you’ll sign documents to finalize the transaction and release the funds from your home loan. You’ll also receive digital or paper copies of all the signed...
Pre-Approval Letter vs. Underwritten Pre-Approval
While both terms refer to a letter from a lender that says the lender is generally willing to lend you up to a certain amount based on certain assumptions, there is a distinct and significant difference.
If you can, get a fully underwritten pre-approval letter from your lender. This is...