Pre-qualification vs. Pre-approval: What's the Difference?
Pre-qualification and pre-approval mean different things when it comes to getting a home loan. Both pre-qual and pre-approval begin the same way and are useful when you're looking to buy a home.
However, if you want to lock in a low-rate mortgage and be ready to make an offer as soon as you...
What is a Zero-Down Mortgage?
A mortgage that doesn't require money down is called a "zero down payment" mortgage. These loans are not as widely available as other home loans, and qualifying is a bit more challenging. However, a "zero down" home loan has some perks that you should know about.
This article will...
Smart Ways to Beat an All-Cash Offer
Money talks when it comes to making an offer on a home, and in real estate, all-cash offers are big talkers.
But what if you don't have an all-cash offer? Does that mean your out of the running for buying your dream home? Not at all!
Though all-cash offers are enticing to home sellers, there...
Simple Ways to Lower Closing Costs
Closing costs are the fees you pay at the closing of your home loan. The amount will vary and includes a combination of appraisal, inspection, title, and administrative costs such as those from your loan officer or broker.
When you apply for a loan, you'll want to ask about the closing costs....
What You Need To Know About Missed Mortgage Payments
Struggling with finances is hard enough, but when you also fall behind on your mortgage payments, the stress multiplies. Going into foreclosure is the consequence of defaulting on your home, but it doesn't have to happen to you!
We understand that your house is more than just a roof over...