Below you'll find a list of all posts that have been tagged as “local lending”
Getting approved for a mortgage is a crucial step in realizing your dream of homeownership. It’s a process that involves several steps, paperwork, and financial assessments. While it may seem daunting, understanding the process can make it much more manageable. In this blog post, we’ll walk you through the key steps involved in getting approved for a mortgage, empowering you to confidently embark on your homebuying journey.
Divorce can be a very difficult time, not only emotionally but also financially. If you and your spouse owned a home together, you may now be wondering how to go about splitting up this big asset.
Many borrowers express concern about actually owning a home as opposed to the purchase process. What happens once you move in? How do you make sure you’re financially prepared? Here are some budgeting and finance tips to help you as you transition into home ownership.
Megan Woissol | November 23, 2022 Most people have heard that to get pre-approved for a mortgage loan, you’ll be expected to provide proof that you have had employment over the last 2 years. It might seem cut and dry, but there’s a few common myths we hear from borrowers that we want to debunk. MYTH: You must have been …
As things return to pre-COVID normal, many borrowers are fearful of rising mortgage interest rates and what that means for purchasing a home. Trusted economists and housing experts throughout the nation tend to agree that it is not expected for rates to drastically decrease. It seems now might be a great time for many buyers to take the leap and lock in today’s rates. And if you’re wishing for a lower rate than your qualifying rate, there are a few options.