Tag Archive for: prequalification

Today’s Housing Market: How to Win the Bidding War

  Today’s housing market is changing rapidly and housing inventory is dropping. A lot of homeowners are taking advantage of low interest rates to refinance their mortgage or start renovations. Some homeowners are selling to move to less expensive areas, and they know the housing market is already shifting in their favor. So if you’re […]

How to Get Pre-Approved for Your Home Loan Fast

If you’re thinking about buying your next home then you’ve probably heard about getting pre-qualified or pre-approved for your home loan. Whether this is your first home or you haven’t purchased a new home for a while, the home-buying process can still feel overwhelming. Let’s face it, going to open houses is a lot more […]

How to Get a Divorced Spouse off the Mortgage

When two people decide it’s time to buy a home together, in today’s environment and in many markets it takes two incomes in order to qualify for the home they really want. That means both will appear on the same mortgage application. Unfortunately when the decision is made to get divorced, there are a lot […]

The Dangers of Trying to Prequalify Yourself

Sometimes the term ‘prequalify’ is used incorrectly in the mortgage world. It can be a bit disconcerting, especially with multiple non-lender sites that ‘prequalify’ someone without even speaking with an experienced loan officer. Trying to fly solo in this area can mean someone who in fact can qualify for a home loan could be told […]

10 Things Every First-Time Homebuyer Should Be Doing Now

If you or someone you know is a first-time homebuyer ready to embark into homeownership process, there are some things you should know and be doing now. Follow these simple tips and your buying process will be a breeze, even a first-time homebuyer. First-Time Homebuyer Checklist Check Your Credit. Check your credit before you get […]

Why Getting Pre-Qualified Won’t Help

For those who are starting to think about buying and financing a home, whether it’s for your very first or you’ve been a homeowner for years, you know the importance of having your financials in order. Getting pre-qualified and getting pre-approved aren’t the same thing.  Understanding the pros and cons can help, so let’s get […]