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Tag Archives | First-Time Home Buyer
BI Weekly Mortgage Payments
BI Weekly Mortgage Payments
What are mortgage closing costs?
What are mortgage closing costs?
Why does a mortgage ask for my assets?
Why does a mortgage ask for my assets?
What is an Annual Percentage Rate (A.P.R)?
What is an Annual Percentage Rate (A.P.R)?
What does an appraiser do?
A real estate appraisal is a professional opinion of the value of a property. It is typically conducted by a certified or licensed appraiser who has the education, training, and experience to evaluate the value of real estate….
What is an FHA loan?
An FHA loan is a type of mortgage loan that insured by the federal housing administration.
Assembling Your Home Buying Team – Knowing The Players
Buying a new home is literally a team sport since there are so many tasks, important timelines, documents and responsibilities that all need special care and attention. Besides working with a professional team that you trust, it’s important that the individual players have the ability to effectively communicate and execute on important decisions together as […]
How Much Can I Afford?
How much mortgage money can I qualify to borrow? This is typically the number one question mortgage professionals are asked by new clients. Of critical importance when considering mortgage financing: There is sometimes a difference between what a client ***can*** borrow and what they ***should*** borrow. In other words, what makes for a comfortable long-term […]
Seven Things Your Agent Should Know About Your Mortgage Approval
While many experienced real estate agents have a general understanding of the mortgage approval process, there are a few important details that frequently get overlooked which may cause a purchase to be delayed or denied. New regulation, updated disclosures, appraisal guidelines, mortgage rate pricing premiums, credit score, secondary approval layering, rescission deadlines, property type, HOA […]