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Making Sure Your Cash-To-Close Comes From The Proper Source

by Ed & Barbara Heiser | May 11, 2018 | Mortgage Closing Process

Providing proper asset documentation and the actual source of the funds is a critical element of the loan closing process. There’s nothing worse in a real estate purchase than making it all the way through the hoops and hurdles just to have a loan denied after...

Top 8 Things To Ask Your Lender During The Application Process

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...

First-Time Home Buyer Credit Checklist

by Ed & Barbara Heiser | May 11, 2018 | Home Buying Process

Getting a new mortgage for a First-Time Home Buyer can be a little overwhelming with all of the important details, guidelines and potential speed bumps. Since there are so many rules and steps to follow, here is a simple list of Do’s and Don’ts to keep in...

Common Documents Required For A Mortgage Pre-Approval

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....

Understanding the FHA Mortgage Insurance Premium (MIP)

by Ed & Barbara Heiser | May 11, 2018 | Mortgage Programs

* Disclaimer – all information in this article is accurate as of the date this article was written * The FHA Mortgage Insurance Premium is an important part of every FHA loan. There are actually two types of Mortgage Insurance Premiums associated with FHA loans: 1. ...
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