Snagging the lowest mortgage rate possible can mean saving thousands of dollars over the life of your loan. For example, if you locked in a 4.0% mortgage interest rate rather than a 5.5% rate for a 30-year, fixed-rate mortgage loan of $200,000, you could save more than $65,000 over 30 years. Read More
Buying a new home can be a perplexing task in today’s market, even to veteran home owners. Volatile conditions in the housing market and frequent changes to mortgage rules and regulations can make important decisions really difficult to make. Read More
Your realtor may encourage you to get a mortgage pre-approval. But do you really need one? Read More
Your home is likely the biggest purchase you will ever make. In fact, it’s so big that you will probably need a loan to make it happen. A mortgage is a huge commitment in terms of money, and by the time you repay your loan, the interest charges that come with it will make your home purchase even more expensive. Read More
Before a prospective home buyer sets out to find that perfect home, it’s important for them to know how much they can afford and what other financing limitations may be. That’s when obtaining a Mortgage Prequalification is most beneficial. In fact, for many home buyers a Mortgage Prequalification or “PreQual” is the first step into the finance process.