Tag Archives: Pre-Approval

To Buy or Not to Buy: What to Do When Mortgage Rates Are Rising

Part of Homebuying 101

The Federal Reserve has raised interest rates three times in 2018, and they’re not finished: another hike is expected before the end of the year. If that’s not bad enough, most financial analysts agree that we can look forward to…

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Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

8 Things You Should Know About Making an Offer on a Home

Part of Homebuying 101

It’s one thing to idly scroll through online house listings.  It’s something else entirely to make a real offer to buy a home, even now when the purchase process has taken on an entirely new form combining online shopping, social…

Next Up!
Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

What Is the Morty Pre-Approval? How Is It Different?

Part of our Pre-Approval Series

A mortgage pre-approval letter in-hand takes the stress out of house hunting. Instead of wasting your time looking at homes out of your price range—or worrying about whether you qualify for a mortgage at all—being pre-approved for a mortgage means you can conduct…

Next Up!
Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

Here’s What’s Wrong with Mortgage Pre-Approvals

Part of our Pre-Approval Series

In 2018, mortgage pre-approvals are absolutely essential to the home buying process. Some real estate professionals won’t work with borrowers who haven’t been pre-approved for a mortgage. Sellers rely on pre-approval letters to help determine whether a potential buyer can…

Next Up!
Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

Does Bigger = Better When It Comes to Borrowing Your Mortgage?

Part of our Pre-Approval Series

The wisdom espoused by some real estate professionals (and occasionally by well-meaning friends and family) goes something like this: When buying a home, go ahead and spend every cent of what a lender is willing to finance for your mortgage….

Next Up!
Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

Can I Really Afford What My Pre-Approval Letter Says I Can Afford?

Part of our Pre-Approval Series

As a soon-to-be-homebuyer, you did the smart thing and got pre-approved for a mortgage. Now that you’ve gone through the pre-approval process, you know what your expected monthly mortgage payment amount and maximum home price are. Some would-be homebuyers see…

Next Up!
Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

Four Things You’ll Need to Get Pre-Approved for a Mortgage

Part of our Pre-Approval Series

Pre-approved borrowers can rest a little easier than other wanna-be homeowners because they know that they’ve already jumped through most of the hoops to qualify for a mortgage. As a savvy soon-to-be homeowner, you know that getting a mortgage pre-approval…

Next Up!
Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

When Should a Homebuyer Get Pre-Approved for a Mortgage?

Part of Homebuying 101

As a first-time homeowner, you may not know is exactly when in the home buying process you should tackle the mortgage question. Too many homebuyers wait to worry about home financing until they’re knee-deep in negotiations on their dream home….

Next Up!
Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

4 Reasons You Should Get Pre-Approved for Your Mortgage

Part of our Pre-Approval Series

Ever gone to the store without your wallet? Then you know how embarrassing and frustrating it can be to want to buy something and suddenly discover that you’re unable to pay for it. When you’re buying something as important as…

Next Up!
Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...