Mortgage insurance is common for most borrowers who finance real estate purchases with less than a 20% down payment, as it is often required when the down payment falls below…

There is a lot of paperwork involved with a real estate transaction. Here are the main documents you will encounter, what they mean, and why they are important: Purchase Agreement…

Selling a rental property with appreciation can be exciting until it’s time to address capital gains taxes. If you’ve claimed depreciation over the years (as most rental owners do), here’s…

Qualifying for a mortgage loan can be challenging, but having a non-occupying co-borrower may help ease the burden. A non-occupying co-borrower allows another person (usually a family member) to co-sign…

In today’s competitive residential real estate market, understanding cross-qualification has become essential for both buyers and sellers. This comprehensive guide explains what cross-qualification is, why it matters, and how it…

Have you wondered what the mortgage loan pre-approval process looks like? While the loan process is similar across the mortgage industry, it will vary from lender to lender.  Since we…

Not all mortgage pre-approvals are created equal. Getting pre-approved for a mortgage loan is an exciting first step in the home-buying journey, but not all pre-approvals hold the same value….

When shopping for a mortgage, there are a number of different options a borrower has when it comes to choosing a mortgage lender. The primary types of mortgage lenders consist…

The residential real estate industry is abuzz with the recent National Association of Realtors (NAR) Settlement, which is set to significantly alter the home-buying process as of August 17, 2024….

The largest hurdle for borrowers looking to qualify for a mortgage is to prove they have enough income to qualify – especially for those who are employed by a startup…