How to Get Approved for a Mortgage

Getting approved for a mortgage isn’t a complicated process. You need to make sure that you have all the proper documentation to increase your chances.   Check your credit score Bring a nice down payment Review any outstanding debts you have Try to get pre-approved for a mortgage before going out to look at homes […]

Can you get a mortgage with no credit?

Can you get a mortgage with no credit? If you want to buy a home but have a limited or nonexistent credit history, it can be difficult. You need to find a mortgage lender who will accept your application. Most lenders need applicants to have some sort of credit established. This can be through car […]

What Is Today’s Mortgage Rate?

Today’s mortgage rates are at a 10-year low across the entire real estate industry. If you’re looking to buy a new home, now is the time to do so as you will be able to find great deals on lavish properties with low-interest rates on standard 30-year fixed contracts. The average mortgage rate in today’s […]

What Is Home Loan Insurance?

When most people think about insurance, it’s to protect a piece of property or valuable item that they own. There is another form of insurance available which you may not know about. That insurance is mortgage insurance. Mortgage insurance does not provide any direct protection for you or your property. Mortgage insurance protects the lender […]

Do I Qualify for a Home Loan?

Do I Qualify for a Home Loan? Preapproval and prequalification for a home loan are two separate things. Prequalification means that lenders are assessing if you are wasting your time applying.   Preapproval of a home loan means that your loan terms are already secured and locked in. You can check if you qualify for […]