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What is the Difference Between Conventional and FHA Appraisals?

What is the Difference Between Conventional and FHA Appraisals?

A home appraisal is an essential part of buying a home and getting mortgage financing. An appraisal determines the current market value of the property and helps lenders determine if the amount of money they are lending you for the sale is appropriate. If

Sep 08, 2022 | Purchasing a Home

Buying a Vacation Home: A Quick Guide

Buying a Vacation Home: A Quick Guide

Having a second home for weekend or summer escapes is a priority for many Americans. If you’re interested in buying a vacation home, here’s a quick guide to the essential steps: Determine If You are Buying a Second Home or a Rental Property Many people re

Sep 06, 2022 | Purchasing a Home

Applying for a VA Loan: What is a Statement of Service?

Applying for a VA Loan: What is a Statement of Service?

If you are an active-duty or retired military service member applying for a home loan through the Department of Veteran Affairs, one of the first things you will need to obtain is a statement of service. Here’s what that means and how to get it: Statement

Sep 01, 2022 | VA Loans

Will Getting a Mortgage Help My Credit Score?

Will Getting a Mortgage Help My Credit Score?

While buying a house, your credit score is very important to securing mortgage funding. But what about after you close on the sale? How will a home loan affect your credit? The good news is that in most cases, obtaining and paying a mortgage will actually

Aug 30, 2022 | Credit

On-Time Rent Payments Can Now Help You Qualify for a Home Loan

On-Time Rent Payments Can Now Help You Qualify for a Home Loan

One of the major barriers to homeownership for first-time homebuyers is their limited credit background. It takes time to establish a full credit history, and only certain types of regular payments, like auto loans, student loans, credit card payments mak

Aug 25, 2022 | Purchasing a Home

Answers to the Most Frequently Asked Jumbo Loan Questions

Answers to the Most Frequently Asked Jumbo Loan Questions

If you live in one of our nation’s pricier areas or if you want to buy a home significantly above the median price for your area, you’ll probably need a jumbo loan. If you’re not familiar with these types of mortgages, here are some of the frequently aske

Aug 23, 2022 | Purchasing a Home