Debunking 3 Common Myths about Refinancing: Our Guide
So, you’ve finally made the decision to refinance your mortgage loan. Whether you’ve heard about the opportunity from a friend or read about testimonials on the web, using the process in question will always make sense because of the benefits involved. Considering...
Challenges That Can Prevent You from Getting a Home Loan
Taking out a home loan takes some time for homebuyer hopefuls. However, if you’re finding difficulty in the loan process and trying to close a deal with a lender, there might be other reasons behind that bump in the road. Certain hindrances can block you from getting...
Steps to Take If Your Mortgage Application Is Denied
Buying a house is one of the most significant investments you will make in life, and it can be an intimidating process. There are so many steps to take before you can even make an offer for your dream home—you have to get your finances in order and then apply for a...
5 Essential Tips to Preparing for a Mortgage Loan
Mortgage loans are not easy to apply for since lenders look at every detail of your financial history. You have to be ready for the tons of requirements creditors might ask for. Before you start going to loan offices, here are some of the things you need to be...
Can Your APR Affect Your Mortgage: Let’s Find Out!
After applying for a mortgage, you will notice something called APR on your loan estimate. APR or Annual Percentage Rate impacts your mortgage; thus, understanding what it means and how it works is imperative. APR measures the amount you can expect to pay the loan,...
Fixed vs. Adjustable-Rate Mortgages: Which Is Best For You?
The process of buying a home is often a stressful and confusing one because of all the different choices the average buyer has to make. From choosing the right location to negotiating prices and picking the right offers, the experience is packed with various...
4 Common Refinance Loan Myths and the Truths behind Them
Buying a home is one of the most exciting things you can do in your life. Apart from being a sign of financial stability, it offers you a safe place to stay and relax in, helping you live more comfortably. It’s easily the most important place in your life, as you can...
Every Home Buyer’s Challenge When Purchasing a House
Everyone dreams of having their own home—a place where they are free from inhibitions, where they can relax and enjoy in a comfortable space they created for themselves. It’s nice to think about having a key to your own house, but you will come across difficulties...
The Mortgage Application Process: Getting to Know the Basics
The mortgage application process is an important step to getting a house that you and your family have been aspiring to get. Whether it is your first time or not, it’s always recommended that you either know the basics or take the time to refresh your memory. This...
5 Requirements You Need to Get Pre-Approved for a Mortgage
When applying for a pre-approved mortgage, you need to secure the five critical requirements: proof of income, employment certification, good credit, proof of assets, and employment verification. On top of these vital requirements, the lender may ask for other...