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Mortgage 101

Reaching Homeownership in Unprecedented Times

As we are writing this blog in June of 2022, like many of the issues we are currently faced with, the condition of today’s housing market can be described as “unprecedented”. For many potential homebuyers, the dream of homeownership seems further away than ever with

What’s the deal with the housing shortage?

You’ve heard there’s a housing shortage but why? How long will it last? Can you still manage to buy a home? Don’t fret, we’re here to give you the information you need. First off – WHY is there a shortage? There are many factors to

5 Reasons to Refinance Your Home Loan

You may be hearing a lot of talk about refinancing your home loan lately, but what could a refinance mean for you? Here are 5 reasons refinancing might be right for you! You could lower your monthly loan paymentRefinancing to a lower rate could mean

What to Expect During the Appraisal Process

The appraisal process is an important part in securing the house you want to make a home. While the perfect house is priceless to you, it’s important for your lender to make sure that the fair market value of the property is in line with

Mortgage Interest Rate Basics

What Is an Interest Rate? Whenever you are borrowing money from a lender, there will always be interest that is tagged onto your monthly principal payments. So… what is an interest rate anyway? Essentially it is a fee for the use of a lender’s assets.

What To Expect When Financing Your Home

Buying a home can be one of the most important decisions of your life. Let’s be honest, while buying a home is exciting it can also be stressful. Nothing makes this process easier quite like knowing what to expect on your homebuying journey. Step 1

Dos and Don’ts of the Mortgage Process

Want to avoid the most common pitfalls of the mortgage process? Here are some simple tips to make your mortgage process a breeze. DO… Get Preapproved Before you start your house hunt, know how much you can realistically spend and comfortably repay. It’s tough when

Credit Score Basics

You know your credit score is important, but do you know why?When it comes to mortgage loans, your credit score tells your lender how likely you are to pay back your debts. The higher your credit score, the more likely lenders are to see you as