When you buy a home, you probably focus on saving for a down payment. You know you need a big chunk of money to get the home you want. But after the down payment, there are the closing costs to consider. If you overlook this expense, you could find yourself thousands of dollars short when it’s time Read more
What Does it Mean When a House is an Estate Sale?
When the owner of a home passes away, his/her estate is responsible for the home. If there aren’t any heirs, the chosen attorney will handle the case. Either way, the home will likely be an estate sale. In other words, the home is sold ‘as is.’ The seller, who may be someone that never stepped foot Read more
Why can Underwriting Guidelines Vary Between Lenders?
When you apply for a certain mortgage program, you expect to get the same answers from every lender. However, that’s not always the case. The same mortgage program can have different underwriting guidelines from lender to lender.Get Matched with a Lender, Click Here.It’s called lender Read more
Do Lenders Verify Employment the Day of Closing?
Lenders always verify employment before you close on a loan. It’s not enough to supply your paystubs or even your tax returns. Lenders need to hear from a third party that you are employed. This helps the lender determine that your income is as accurate as you reported.Get Matched with a Lender, Read more
The Top Six Ways to Improve Your Chance of Mortgage Approval
Finding the right house will seem like a breeze after you get through the mortgage application process. If this is your first time, it’s normal to feel completely overwhelmed. Luckily, there are a few tried and true ways to help make sure you increase your chances of approval.Get Matched with a Read more
