Shopping for a home of your own can be an exciting time. It could mean you are entering a new stage of life from moving into a home where you could start a family or downsizing to that perfect retirement…
If you’re ready to start home shopping in Denver, Colorado, a mortgage pre-approval can make for a smoother process. First-time homebuyers can quickly become overwhelmed, and navigating the ins-and-outs of the home buying process can become daunting quickly. If you…
When you decide to buy a home in Washington State, pre-arranging your financing is the logical starting point. Sellers need to be reassured that you’ll be able to get a loan and complete the transaction, but you also need to…
Home buyers in Washington tend to have a lot of questions about the mortgage application process. This is especially true for first-time buyers who have never been through the process before. Today, we will take a close-up look at the…
You’ve heard that getting a mortgage ranges from “insanely difficult” to “practically impossible for mere mortals,” right? If you’ve been reading this site regularly, you know that it’s nothing of the sort; if you have reasonable credit (620 or higher…
There’s a lot to like about having your own business. You don’t report to The Man, you get to set your own hours, and wow, those are some attractive tax write-offs you can take advantage of. Sounds like the sweet…
A pre-approval is not the same as a pre-qualification. With a pre-qualification, the lender relies on information provided by the buyer in order to estimate the amount he or she can borrow. With a pre-approval, the lender verifies the buyer’s…
What determines my mortgage rate? There are many factors that will determine what mortgage rate you will qualify for. Loan to value (LTV) – determined by your down payment or equity in your home Debt to income ratios (DTI) – determined…
When you’re looking to apply for your first home loan, it may seem like there’s an endless stack of paperwork needed for mortgage pre-approval. You can actually get the ball rolling with just a few documents, but most of us…
You want to get your first home loan, but the list of documents and personal information you’ll need seems daunting. Good news: when it comes to home mortgage loan applications, there’s definitely a difference between providing “everything you might eventually…