Posts Tagged ‘mortgage’
Do Lenders Require a Home Inspection for Mortgage Approval?
Securing home financing can feel overwhelming. Lenders ask for a lot of information not only about you, but the property too. It’s their job to make sure the collateral is worth what you’re paying so they don’t get in over their heads if you default. One question that comes up often is whether lenders require…
Read MoreCommon Mortgage Myths
Obtaining a mortgage can be a complex and confusing process, and all of the myths surrounding mortgages do nothing to help. A recent realtor.com article debunked some of the most common myths about mortgages and the home-buying process. Myth 1: The cheapest rate is always the best option – Numerous homebuyers believe that getting a…
Read MorePrequalification and Preapproval for a House Loan
One of the first steps in buying a home is to talk to a lender to see if you qualify for a loan. We recommend talking to lenders even before you think you are ready to purchase a home. This process will help you determine the loan amount for which you qualify. If you are…
Read MoreBefore You Buy A Home, Check Out These 10 Tips by Gateway Mortgage
Our friends Tom Rosser and Kaitlin Dion at Gateway Mortgage Group have some tricks up their sleeve that are helpful to everyone involved in the home buying process. Read these tips before you think about buying a home: 1. Save for a down payment: 20% down is ideal, but it is not required. However, the…
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