What is a Conventional Mortgage?
Let’s be honest—the word “mortgage” is intimidating. Adding the word “conventional” just makes it confusing. What exactly is a conventional mortgage? Aren’t all mortgages the same? Allow me to [...]
Do’s and Don’ts of Buying a House
You may have heard horror stories from people who have been through the mortgage process. In reality, obtaining a mortgage can be complicated. Below are some things to do [...]
Renovation Home Loans
Thanks to Chip and Joanna Gaines, many people wonder if performing a property “flip” is suitable for them. Because of this, we get numerous questions about renovation loans. Though [...]
The Closing Disclosure (CD)
The Consumer Finance Protection Bureau defines the Closing Disclosure (CD) as “A five-page form that provides final details about the mortgage loan you have selected.” Though an accurate generalization, there [...]
Should I Refinance My Mortgage?
The amount of advertisements focused on getting you to refinance your mortgage is staggering. Refinance transactions can be very profitable for the companies that execute them, but does that mean [...]
Mortgage Fees Explained
Many mortgage companies offer “no cost loans.” But as mentioned before, a true no cost loan doesn’t exist. The mortgage company and people who spend months of work to [...]
Choosing a Realtor (Who Should Sell My House?)
When buying or selling a home, you’re faced with some tough decisions. Questions you might find yourself debating include: Should I use a realtor, a tech company, or do it [...]
Preapproved or Prequalified: Which is Best?
When buying a home, the words “prequalified” and “preapproved” are often part of the initial conversation. They may sound the same, but they are actually quite different. Having one [...]