How To Get A Mortgage
Credit / Documents / Downpayment / First Time Home Buyer / Lenders / Pre-Approvals / Pre-Payment / Purchase / Qualifying / Refinance

How To Get A Mortgage

The Mortgage Process in 10 Steps Taking on new debt like a car loan, a new credit card or a small line of credit is pretty easy. It usually takes minimal income documentation, some discussion of interest rate and a signature or two on the dotted line. Qualifying for a mortgage to purchase a home … Continue reading

That New Car Could Cost You The Garage
Credit / Downpayment / First Time Home Buyer / Lenders / Purchase / Qualifying / Rates & Terms / Rules

That New Car Could Cost You The Garage

Mortgage Qualification Basics When it comes to qualifying for a mortgage, the current debts you have affects the mortgage amount you can qualify for. I often see buyers who have worked hard to maintain a good credit score and saved up the downpayment, then I have to tell them they don’t qualify at the price … Continue reading

10 Things You Need to Know About Appraisals
Documents / Lenders / Mortgage Renewal / Purchase / Refinance / Rental Properties

10 Things You Need to Know About Appraisals

Appraisals are a valuable part of the real estate transaction and they are different than a market valuation provided by a real estate professional. What is an appraisal? An appraisal is an unbiased estimate of what a buyer might expect to pay (or a seller to receive) for a parcel of real estate. It is … Continue reading

Can you get a mortgage after bankruptcy?
Bankruptcy / Credit / Documents / Purchase / Qualifying / Rates & Terms / Refinance

Can you get a mortgage after bankruptcy?

The quick answer is yes, you can get a mortgage after you have been discharged from a bankruptcy. Though the amount of time you can apply after the date of discharge is dependent on which lender you are applying with. What is Bankruptcy? Bankruptcy is the legal process that allows individuals to obtain debt relief … Continue reading