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What is a Loan Estimate?

What is a Loan Estimate?

During the mortgage application process, you will receive a very important document called the Loan Estimate (LE). This three-page form will provide you with detailed information about your proposed mortgage. Here’s what you need to know to effectively ma

Mar 21, 2023 | Purchasing a Home

What Fees are Included in Mortgage Closing Costs?

What Fees are Included in Mortgage Closing Costs?

When you buy a home or refinance your mortgage, you should expect to pay closing costs. What are these fees and what is it you are paying for? Closing Costs Defined Closing costs are charges for basically all the services it takes to put together a mortga

Mar 14, 2023 | Purchasing a Home

How To Beat High Inflation with a Home Purchase

How To Beat High Inflation with a Home Purchase

Inflation rates in the U.S. rose to unusually high levels over the past few years. While the Federal Reserve is making headway on bringing rates down, it can still feel like your buying power is being quickly eroded. High interest rates may have scared yo

Mar 07, 2023 | Purchasing a Home

More Space: Buying a Bigger Home vs. Expanding

More Space: Buying a Bigger Home vs. Expanding

Maybe you have recently added another child to your family. Maybe it's time to bring your aging parents into your home for more care. Or maybe your job has gone remote, and you need room for an office. Whatever the reason for needing more space, it can be

Mar 02, 2023 | Purchasing a Home

How Long Does a Mortgage Pre-Approval Last?

How Long Does a Mortgage Pre-Approval Last?

The U.S. real estate market has had an extremely low inventory of available homes over the past two years thanks to enormous demand. That has resulted in longer home searches for potential buyers. The National Association of Realtors recently reported tha

Feb 28, 2023 | Purchasing a Home

5 Common Misconceptions That Keep You from A Perfect Credit Score

5 Common Misconceptions That Keep You from A Perfect Credit Score

Earning and keeping a perfect credit score is a great goal, but there are plenty of myths out there about how to achieve it. Since having a great score is essential for everything from getting approved for a mortgage to getting a car loan to even getting

Feb 23, 2023 | Credit