When you apply for a mortgage loan, one of the first things your lender will do is check your credit history, but they don’t read through your credit reports page by page. They get a snapshot of your credit called … Continue reading →

To encourage home buying during the Great Depression, the government created the Federal Housing Administration to provide insurance to banks on FHA-approved loans. If the borrower defaults, the bank is repaid in full and the home is taken over by … Continue reading →

We prepared this list to help make you comfortable with the home buying process. After all, this is an exciting time in your life, and we want to help you enjoy it. Read through the checklist, then call a mortgage … Continue reading →

How credit influences your home financing options One of the most important steps in buying a house is financing the purchase. Your credit is one of the first things that lenders examine when considering you for a loan. Making payments on time … Continue reading →

First, you need to prequalify for the loan with your financial institution. This involves answering a few simple questions, which in turn begins the application process. The type of home, approximate cost of the home, how much you’ll want to … Continue reading →

Below are some of the frequently asked questions that are posed by homebuyers who are new to the process of buying a home: What is a mortgage? A mortgage is a loan used to buy a home or other real estate property, with … Continue reading →