Getting Preapproved For A Mortgage Archive

You’ve fallen in love with a new home and you need to apply for a loan — what now? Here’s everything you need to know about mortgages, including what you need to apply for one, how the process works, and who to connect with to get the ball rolling.

7 FAQs About Debt-to-Income Ratios: What Buyers Need to Know

7 FAQs About Debt-to-Income Ratios: What Buyers Need to Know

Your debt-to-income ratio (DTI) can have a major impact on your approval odds for a mortgage loan, you can be instantly approved with great DTI or be rejected from acquiring a loan. However, there ...

5 FAQs About Regulation Z in Real Estate and Mortgages

5 FAQs About Regulation Z in Real Estate and Mortgages

Finding a lender for your home loan can be a time-consuming process. Luckily for home buyers, there are federal laws that require lenders to disclose certain information in a standardized manner to bo...

The 5 Best Mortgage Companies in Maine

The 5 Best Mortgage Companies in Maine

While your biggest concern going into the home buying process might just be getting pre-approved for a mortgage, it would be a mistake not to shop around. Not all mortgage lenders are the same, and yo...

5 Things to Know About Mortgage Loan Officer Commissions

5 Things to Know About Mortgage Loan Officer Commissions

When it comes time to apply for a home loan, you start by sitting down with a mortgage loan officer. These are employees hired by the bank to collect preliminary financial documents from prospective b...

4 Tricks to Fixing Credit Scores Fast

4 Tricks to Fixing Credit Scores Fast

Fixing your credit score is one of the best things you can do if you’re looking to buy a home. However, it can also be one of the most challenging. If you have a poor credit score, you might think y...

7 FAQs About RESPA Real Estate: What You Need to Know

7 FAQs About RESPA Real Estate: What You Need to Know

The Real Estate Settlement Procedures Act, or RESPA, was passed by Congress in 1974 and requires all parties involved in the real estate settlement process to make certain disclosures about their serv...

7 FAQs About How Long Evictions Stay on Your Credit Report

7 FAQs About How Long Evictions Stay on Your Credit Report

Evictions are nothing to mess around with. The damage they do to your credit report is quite severe. It can hurt your chances of renting a new place to live or of securing a home mortgage loan. If ...

The 5 Best Mortgage Companies in Illinois

The 5 Best Mortgage Companies in Illinois

Buying a house requires a lot of money. Most people don’t have $300,000 in cash lying around to spend on a house, which is why mortgages are necessary. Most mortgages are long-term, between 15-30...

6 FAQs About Credit Freezes When Buying a Home

6 FAQs About Credit Freezes When Buying a Home

Credit card holders often request a freeze on their credit if they believe their identity to be compromised. Scammers can get a hold of your personal information and run up charges or take out a car l...

Does Home Refinancing Hurt Your Credit? 6 FAQs to Know

Does Home Refinancing Hurt Your Credit? 6 FAQs to Know

Thinking about refinancing your house? The process isn’t as complicated as you think when you have the facts. Here are the answers to all your major questions. Will refinancing hurt my credit? Any...