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 can set your own hours, and you get to take advantage of some attractive tax write-offs. It’s the sweet life, right? If you’re…
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…