Mortgage loans consist of an enormous amount of documentation – mostly disclosures designed to protect the borrower. Obviously, the advice to read every document is much easier said than done….
Volatility & Rate Expectations – First Half of 2024
It is no secret that mortgage rates have been incredibly volatile for the past few years. Some of the largest ever individual intra-day or intra-week shifts have taken place during…
Should I Sell or Rent Out My Current Property Before Buying a New Home?
If you are buying a new primary residence and own the home in which you currently live, you will have to make a decision: sell it or rent it out….
How to Qualify for a Mortgage with a New Job
When looking to qualify for a mortgage, one of the primary requirements is a steady/consistent job history. This does not mean that you have to be working for the last…
Qualifying for a Mortgage – Restricted Stock Units (RSUs)
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…
How To Payoff Your Mortgage Early
Paying off your mortgage early can save you hundreds of thousands of dollars in interest and give you peace of mind when the property is paid off and owned free…
The Key Components of a Mortgage Loan Application
Applying for a mortgage can feel overwhelming. The first step to getting started with the mortgage loan process is to complete a loan application. In case you are wondering what…
Property Appraisals, Appraisal Valuation Models, and Appraisal Waivers: What is the difference?
A crucial part of the mortgage loan underwriting process for any home loan is determining the property value, as it is the collateral for the mortgage loan. The value of…
Home Equity: How to Utilize it Effectively
One of the main benefits of buying a home is building equity. Once you have equity in your home, what do you do with it though? One option would be…
What Exactly are Condominium & HOA Documents?
Securing a mortgage loan for a condominium or townhome involves more than just providing personal financial details. Mortgage lenders require a set of documents specific to the homeowners association project…
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