Posts Tagged ‘Mortgage’
How to Get a Pre-Approval Letter for a Mortgage
Are you wondering what a mortgage pre-approval letter is and how to get one when you are preparing to buy a house? Often a mortgage pre-approval letter will be one of the requirements asked for when you begin working with a real estate agent to...
Difference Between a Fixed-Rate Mortgage and Adjustable Rate Mortgage
With all the mortgage loan options available, are you having trouble figuring out which one is right for you? Understanding the differences between various mortgage loan types, terms, and rates can certainly be confusing. Let's take a closer lo...
Mortgage Broker vs. Loan Officer: What’s the Difference?
Your mortgage broker or loan officer will be a key person in your home buying process. Your relationship with your mortgage broker or loan officer will begin even before you start shopping for your new home, and continue all the way through to ...
What is Private Mortgage Insurance
If you're a potential home buyer and have chatted with a loan officer or two, or have been doing some internet research about how mortgages work and what to expect during the home buying process, you've likely heard the term "private mortgage i...
What is a Mortgage Pre-Approval Letter?
There are many questions prospective home buyers have when getting ready to buy a new home... from the home selling and buying processes, to staging your existing home to sell, to your new mortgage plus more. One of the most common questions ab...
Should You Increase Your Credit Score To Buy A New Home?
Financing a home will require some standard information about your income, debt, credit, and credit scores, along with a number of other items specific to your purchase situation. You will need to work with a mortgage loan officer to review wha...
3 Lesser Known Types of Home Loans
You are probably familiar with some of the more commonly used types of home mortgage loans like a conventional fixed-rate home loan, FHA home loans secured through the American government, and the VA loan that is specifically designed for our w...
What Type of Mortgage is Best for Current Homeowners?
Most seasoned homeowners have already gone through the process of applying for and using a home loan to buy their first house. With little money down and PMI insurance, the home loan options may have been fewer than if you own a home already. ...
