What is the Difference Between Conventional and FHA Appraisals?

A home appraisal is an essential part of buying a home and getting mortgage financing. An appraisal determines the current market value of the property and helps lenders determine if the amount of mon Sep 08, 2022

Buying a Vacation Home: A Quick Guide

Having a second home for weekend or summer escapes is a priority for many Americans. If you’re interested in buying a vacation home, here’s a quick guide to the essential steps: Determine If You are B Sep 06, 2022

On-Time Rent Payments Can Now Help You Qualify for a Home Loan

One of the major barriers to homeownership for first-time homebuyers is their limited credit background. It takes time to establish a full credit history, and only certain types of regular payments, l Aug 25, 2022

Answers to the Most Frequently Asked Jumbo Loan Questions

If you live in one of our nation’s pricier areas or if you want to buy a home significantly above the median price for your area, you’ll probably need a jumbo loan. If you’re not familiar with these t Aug 23, 2022

Prepayment Penalties: Can I Pay Off My Mortgage Early?

If you have recently bought a home, you may have heard your closing agent mention something about a prepayment penalty. This idea might have seemed strange. Why would there be a penalty for paying off Aug 18, 2022

Your Mortgage Application Document Checklist

Once you find the perfect house and your offer is accepted, it is time to turn your attention to lining up the financing. If you’ve never applied for a mortgage loan before, or if it’s been many years Aug 16, 2022