So you’re getting ready to buy a your dream home but you need a loan. You start doing a little research and your head starts to spin. You hear terms like loan-to-value ratios and PMI and wonder what the heck does this all mean? It’s really not as confusing...
Bitcoin…. Ethereum…. Blockchain….. If you have been paying attention to financial news over the last six months there’s no way to escape it. Are cyrptocurrencies wishful thinking or is blockchain technology the future of finance? Many of us...
Every house is unique; appraisers are trained and licensed for expertise in putting a value on properties. Appraisers don’t work for the buyer or the seller; their primary mission is actually to protect the lender who’s risking money against the home’s value....
Once you’ve supplied the 6 required piece of information and included any other information the lender deemed necessary, you’ll receive a Loan Estimate within 3 business days. Once all the information has been verified IF the loan is approved the...
You’ll see some pictures in this video to help you remember later, but the first step in securing a loan is to complete a loan application. To do so, you’ll need the following information. Pay stubs for the past 2-3 months. W-2 forms for the past 2 years....
Watch this video and it’ll make sense. Pre-qualification is an informal way to see how much you maybe able to borrow. You can be ‘pre-qualified’ over the phone with no paperwork by telling a lender your income, your long-term debts and how large a...
