Category: Mortgage

It is critical that buyers and sellers alike fully understand the mortgage loan application and approval process. This post will give you an overview of the three major steps involved. It will also provide you with an in-depth look at the four potential outcomes of underwriting, the final step in

When you buy a property, it’s important to fully understand your mortgage loan options. When you sell a home, it’s equally important to understand the rules and regulations associated with your buyer’s loan. Let’s take a look at the three most popular types of mortgage loans

Mortgages have two main payment structures – fixed rate and adjustable rate. Before you purchase a home, it’s important to understand how each mortgage option works and what the pros and cons of each are. Let’s take a look! Fixed-Rate Mortgage: The most popular type of mortgage is a

As a seller, you might think that financing falls squarely into the buyer’s list of responsibilities, and in most ways, it does. However, you still need to be aware of the three main types of financing and how they may affect your sale. Read on to learn more! Traditional

Non-allowable VA fees put a cap on what lenders can charge to VA buyers — and they also limit how much sellers pay in closing assistance. Learn more about non-allowable VA fees.

Real estate ownership types can drastically change how you sell your house, or what happens when someone dies. Learn about the types of real estate ownership and what they mean for your property.

Most sellers feel at ease once inspections and appraisals are done and they’re deep into escrow. But things can still go wrong.

Most mortgage lenders require a home appraisal — so buyers should be prepared. Learn the process and why it matters!

Whether you’re buying or selling a home, sorting out how much it’s going to cost you is no small feat. In addition to the price of the home itself, loan and lender fees, agent commissions, and other costs are tacked on at closing. Keep reading to find out

VA closing costs are different than conventional loan closing costs because they have certain rules and regulations. Find out how much you can expect to pay.