It’s a common myth surrounding the USDA loan that it takes ‘forever’ to get to the closing. It really doesn’t take too much longer than any other loan on the market. While there is one extra step USDA lenders have to take, if they do their job right, it won’t take very long.Compare Offers from Read more
What Happens After You’re Preapproved?
Before you shop for a home, it’s a great idea to get pre-approved. This lets sellers and realtors know that you are serious about buying a home. It also lets them know that you can get the financing you need to buy it. Without this letter, some sellers may not entertain your bid. But once you have Read more
When is the Appraisal Ordered in the Loan Process?
An appraisal is necessary to ensure there is adequate collateral in a home. Your lender will require the appraisal prior to clearing your loan to close. At what point does the lender order the appraisal, though?Looking for Current Mortgage Interest Rates? Click Here.Keep reading to find Read more
What to Bring to Your Home Closing
Your closing day is finally almost here! You are within days of receiving the keys to your new home in your hand. Before you head out the door to go to your closing, though, you should know what you need to bring. The more prepared you are, the easier the process will be and the quicker you can call Read more
How Much Does a Rate Lock Cost?
Before you can close on a mortgage, you have to lock in the interest rate. No matter how hesitant you are, at some point you have to be willing to lock it or you can’t close on the loan. Just what is that rate lock going to cost you?Looking for Current Mortgage Interest Rates? Click Read more
