Home Buying Process
Home Buying Steps / Process:
Step 1 – Getting Pre-Approved Prior to Shopping for a Home It’s obviously important to know how much home you can afford, what type of down payment to budget for, monthly mortgage payment as well as what type of...Mortgage Approval
Mortgage Approval Process
Whether you’re a First-Time Home Buyer or seasoned investor, the mortgage approval process can be a slightly overwhelming adventure without a proper road map and good team in your corner.
Updated program guidelines, mortgage rate questions and down payment requirements are a few of the... Understanding Credit
Credit is one of the most important components in the mortgage approval process.
Lenders look at a borrower’s credit score, number of open accounts, payment history, type of credit borrowed and a series of other factors when determining what level of risk to assess to each lending scenario.
Down payment...