Blog

FHA loans are popular, especially for first-time homebuyers, because their requirements are not as strict as conventional loans. The loan is insured by the Federal Housing Administration (FHA) and comes with a down payment as low as 3.5%. An FHA loan also doesn’t require the borrower to have a high credit score. Think you might […]

What makes some homebuyers more attractive to sellers than others? In a word: Pre-Approval. In a competitive marketplace, sellers know pre-approved buyers have the resources to make the purchase because the buyer has been through the pre-approval process and has the mortgage lender’s backing. This is important to the seller, because a pre-approval gives buyers […]

If you’re like most homeowners, you’re excited about today’s extremely low mortgage rates and the opportunities they present to buy or refinance a home. You probably have lots of questions, but aren’t sure who to ask. You may even be confused by the various titles in the mortgage industry, wondering whether you should turn to […]

If you’re taking advantage of today’s extremely low mortgage rates to buy or refinance a home, make another smart move and use a local mortgage lender. You will deal directly with the decision maker who can skip layers of bureaucracy to make your loan happen. Because local mortgage lenders do everything in-house – from application, […]