Blog

You’ve been working on your loan application and providing documents to your mortgage lender when they finally notify you that you have been “Cleared to Close”.  Clear to Close is…

Being able to verify a borrower’s employment is a critical aspect of the mortgage lending process. Mortgage lenders are required to obtain an outside party verification of employment even if…

As new homebuyers are entering the current, higher-cost real estate market, they are opting to come in with less than the typical down payment of 20%. What many potential buyers…

Introduction Most real estate investors are familiar with a 1031 exchange, a strategy used to defer capital gains taxes, where a property owner can take an existing property that they…

Condominiums and townhomes are a great option when it comes to homeownership. They can be great as starter homes, for those looking to downsize, or even those looking to be…

When applying for a new mortgage loan, there is an abundance of documentation, disclosures, and regulations involved. Whether you are looking to purchase a new home or refinance an existing…

Are you purchasing a new residence while looking to hang onto your current residence?  While this is a common goal/strategy for many homeowners it can be challenging to pull off…

When applying for a mortgage loan, one of the determining factors used to qualify for a mortgage loan is your credit score (also known as a FICO Score). Your FICO…

When a buyer submits an offer for the purchase of a home using a Residential Purchase Agreement (or RPA), there is an entire section dedicated to the contingencies (this can…

An appraisal report is an integral part of the mortgage loan process. Occasionally a lender will issue a PIW (property inspection waiver) allowing a borrower to skip this requirement however…