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Loan Approval Factors

Do I Really Need a 20% Down Payment to Buy a Home?

Do I Really Need a 20% Down Payment to Buy a Home?

Is the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a large down payment might make you want to pump the brakes. Today, there’s still a common myth that you have to […]

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7 Strategic Moves as You Prepare to Apply for a Mortgage

Rent Before You Buy – It is always a good idea to get a year or so under your belt as a tenant so you can understand some of the challenges that come with homeownership. Put yourself in the shoes of your landlord. Lenders like to see a track record of making housing payments prior

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8 Ways to Derail Your Mortgage Loan Approval

When purchasing or refinancing a home, getting from loan application  to the actual closing can take time, typically 3 weeks in an average home market.  However, some loan approvals for unique situations have been known to take much longer.  Many different factors could determine how long it will take to get to the closing table; and

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