by Ed & Barbara Heiser | May 11, 2018 | Mortgage Approval Process
Even though many lenders are still quoting quick 10 minute pre-qualifications over the phone or online, a true mortgage approval that holds any weight is one that has been issued by an underwriter who has had an opportunity to review all of the necessary documents....
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Approval Process
Although every situation is unique, it is not uncommon for homebuyers to qualify for a mortgage on a new home while still living in their primary residence. Perhaps you are outgrowing your current house, or have been forced to relocate due to a job transfer?...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Approval Process
Knowing what questions to ask your lender during or before the loan application process is essential for making your mortgage approval process as smooth as possible. Many borrowers fail to ask the right questions during the mortgage pre-qualification process and end...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Approval Process
While most mortgage web sites offer a glossary containing hundreds of real estate and lending related terms, we wanted to highlight the top terms that most borrowers will hear several times throughout the approval and home buying process. Understanding the...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Payments
Many borrowers believe that when they purchase a property by obtaining mortgage financing, they also own their home. Technically speaking, full ownership on a property only happens once the mortgage loan amount has been paid in full. To break this down in more detail,...
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