What is a pre-approval and why is it important?

One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. Even if you are in a market that is not as competitive, knowing your budget will give you the confidence to know if your...

The Benefits of Working with a Local Lender

The current trend in the mortgage industry is for banks and lenders to consolidate operations and service offsite. All processing may be handled in one location, all underwriting in another, etc. This can delay loan approval, put your loan at risk of getting lost in...

Think you need a 20% Down payment? Think again!

Buyers often overestimate the down payment funds needed to qualify for a home loan. The Realtors® Confidence Index from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home...