What Are Non-Conforming Loans and How Do They Work?

What Are Non-Conforming Loans and How Do They Work?

As you begin your homebuying journey, your first concern is probably, “How am I going to finance my house?” If you’ve missed a couple of credit card payments and your credit score is still recovering, or you once filed for…
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How To Transition from Renter to First-Time Homeowner

Post Are you ready to make the jump from renter to first-time homebuyer, but feel like you don’t even know how to get started? You’re not alone! There are many steps in the home buying process, and it’s one of the…
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What To Expect The Week of Closing on Your House

Post You’re almost there! You’ve worked with your loan officer to find the best loan program for you, found a house you love, and got your offer accepted. Now there’s some paperwork and final steps that are all that’s left before…
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How Long Does It Take to Get Mortgage Pre-Approval?

Post The very first step in buying a home is making the decision that you’re ready to buy.  The next step after that is determining how much you can afford and what your financing options are. Getting pre-approved by a lender…
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What To Do When Your Appraisal Comes In Lower Than Your Offer

Post Appraisals are an important part of the mortgage process, mainly because they ensure that you’re paying a fair price for your new home as a buyer. Appraisals also act as a safeguard for all parties involved, from the seller to…
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How Are Mortgage Interest Rates Determined?

Post There’s been a lot of talk about mortgage interest rates over the past few years. Throughout 2020 and 2021, rates dropped to record lows, linked mainly to the economic uncertainty felt worldwide amid a public health crisis. As the coronavirus…
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What Not to Do Before Closing on a House

Post You’ve gotten pre-approved, found a home you like, and put in your offer. It might feel like you’ve done everything you need to complete your home purchase, but there are a few more steps before the deal is truly sealed.…
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Getting Ready to Sell Your Home

Post Maybe you’re getting ready to move for a job or to be closer to family. Maybe you need more space, so you’re moving up to a bigger house. Maybe you just want to take advantage of the rising value of…
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Building a House: How to Get Started

Post Have you thought about building your own house but are not exactly sure how to get started? You’re not alone. There are a lot of steps that go into constructing a brand new home. Sometimes just figuring out where to…
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How to Calculate Your LTV Ratio

Post You already know that lenders review your finances when you apply for a mortgage. That’s why you submit the loan application, providing a complete picture of your financial situation. This allows the lender to assess the risk of the loan,…
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