What is Pre-Approval and Pre-Qualification?

We break the mortgage jargon down. The mortgage process can be a jumble of words and financial terms that may seem hard to understand. Two things that sound very similar are a Pre-Qualification and a Pre-Approval, but in the mortgage world, they’re very different. So what are they? Pre-Qualification is an estimate of borrowing power. You can be issued a Pre-Qualification …

House Hunting 101

Are you shopping for your first home? Dream home? Second home? What an exciting time! But before you jump right in and fall in love with an online listing, take a deep breath. From dreaming about the home to receiving the keys, here are some general steps you should follow to ensure the mortgage process goes smoothly and you find …

Why Buy a House

In this market? Absolutely. Homeownership can seem like a daunting goal. But it’s not unattainable and there are many reasons it’s worth pursuing. In honor of #NationalHomeOwnershipMonth we’re diving into a few those reasons… Privacy When you own your own home, you can have a great amount of increased privacy for you and your family to live in. No upstairs …

4 Things to Consider Before You Qualify for a Home

How to prepare for the qualification process So, you have a dream home in mind. Maybe it’s a cabin-style home or a modern mansion. But what does it actually take to be qualified for the mortgage that will make your homeownership dreams a reality? The 4 C’s of Qualification lets you get inside the mind of mortgage lenders during the …

How to Look at Your Mortgage as an Investment

Buying a home is one of the biggest purchases of your life – you should be smart about it. March 28, 2019 You may have heard that “owning a home is investing in your future” or “mortgage payments are a forced savings plan.” In fact, owning a home presents a great opportunity to an individual to manage their debt just …