Category: Mortgage lender

The Ultimate Guide to Mortgage Interest Rates: What You Need to Know

If you take out a $250,000 home loan, you won’t pay back $250,000 exactly. Instead, you’ll pay $250,000 plus interest. The amount of interest you repay is expressed as a percentage, known as your mortgage rate.  Interest is the reason why home loans are available at all; they create a mechanism for lenders to profit […]

Mortgage Pre-Approval: Your First Step to Homeownership Success

When you’re pre-approved for a mortgage, you’ll receive a letter from a lender who commits to lending you a certain amount of money as long as you close on a house within a certain period.  Pre-approval means you’ve already gone through the process of formally applying for a mortgage. An underwriter has examined your financial […]

How to Spot a Great Realtor

Having a positive home-buying experience means working with a skilled buyer’s agent. A buyer’s agent can help you find homes you’d never see on Zillow, can help you negotiate with sellers, and can help you make competitive offers in a tight market.  The best buyer’s agents also know the neighborhood and the local market inside […]

A Complete Guide to Understanding the Home Zero Program

Eager to own a home but don’t have a 3.5% down payment or lots of money in savings to cover closing costs? You’re not alone. Many prospective homeowners and repeat home buyers find down payment requirements to be restrictive and difficult to work around.  Our Home Zero program may be able to help.  Our HomeZero […]

What to Look for in a Mortgage Lending Company in Florida

A home loan is one of the biggest financial commitments you’ll ever take on during the course of your life. You should choose the mortgage lender you work with carefully, as the decision will help shape your financial life for many years to come. Here are five things you should look for in any company […]

5 Crucial Facts About Down Payments in 2024

There are real advantages to buying a home with a down payment. Zero-down mortgages still exist, and the ability to buy a home without a down payment may seem exciting. Nevertheless, you should consider slowing down and saving up. A down payment can give you an edge. 1) A Down Payment Can Strengthen a Mortgage […]

Understand the Pros and Cons of Buying a Condo Before You Decide Which Type of Property Is Right for You

There are many pros and cons of buying a condo. Deciding whether to buy a condo or another type of property comes down to your lifestyle, preferences and budget. We break down the different factors to help you decide. Considering a condo? Start your pre-approval here. What is a condo? Condos are single units within […]

How can you tell that your mortgage broker is doing a great job for you?

Identifying whether your mortgage broker is doing an excellent job for you involves assessing various factors related to communication, responsiveness, transparency, and the overall effectiveness of their services. Here are key indicators that your mortgage broker is performing well on your behalf: Clear Communication: Explanation of Options: A good mortgage broker should explain different mortgage […]