4 Reasons Why Your Mortgage May Be Denied After Pre-approval

Home Buyer Tips , ,
So you've been pre-approved for a mortgage – great! You've taken the first step toward becoming a homeowner. But before you start picking out china patterns, you'll want to keep in mind that a pre-approval isn't the same thing as a mortgage agreement. There's still no guarantee that you'll actually get a mortgage. But why would a lender deny a mortgage after pre-approving a borrower? Here's what you need to know. Sudden Changes In Income Or Employment History A number of mortgages will require borrowers to have consistent employment for a certain length of time. If you apply for an…
Read More

The Top Ways To Keep Pests And Infestations Out of Your Home

Mortgage , ,
There are a lot of pests that may try to make their way into your home, and they can cause significant health and safety issues in addition to detracting from your property values. It can be very difficult to remove infestations once they have infiltrated your home, so it is always better to prevent them from happening. What are a few tips you should keep in mind?  Seal The Doors And Windows One of the easiest ways for pests to get into your home is to crawl through open doors and windows. Therefore, you should start by sealing your doors…
Read More

The Top Tips To Get Your Offer Accepted

Mortgage Tips , ,
The housing market today is very competitive, and you might be wondering how you can get your offer accepted. If the seller has multiple offers on the table, it can be a bit of a challenge. Many people assume that the best way to get an offer accepted is to offer the most money. Even though that is certainly helpful, there are several other tips you should follow to make sure your offer is the one the seller picks. Get Pre-Approved For A Mortgage First, you must make sure that you get pre-approved for a mortgage. Unless you are paying…
Read More

What Are Conditional Approvals?

Mortgage , ,
As you take a look at potential houses for sale, what does it mean if you see a house with a conditional approval? Does that mean you can swoop in and purchase the house with a better offer? Even though a conditional approval doesn't mean that the sale is guaranteed to go through, it does mean that an agreement is in place. An Overview Of A Conditional Approval A conditional approval is an informal acknowledgement that an agreement is in place between a buyer and the lender; however, the lender typically has to collect additional financial information to show that…
Read More

Important Things To Know Before Signing Your Reverse Mortgage

Mortgage Tips , ,
There are many reasons people take out reverse mortgages. However, this option is usually considered by cash-strapped seniors who own their homes and are looking to ease the burden of their golden years. The beauty of reverse mortgages is that you'll receive money as long as you are current on property taxes and homeowners insurance. While this seems like an appealing opportunity, it's a decision that should not be made lightly. Not only is the reverse mortgage complicated in itself, but homeowners make all sorts of mistakes when they're too quick to sign the dotted line. So if you're considering…
Read More

The Top Tips For Finding The Right Home

Home Buyer Tips , ,
If you are in the process of looking for a new home, you have probably realized that there are lots of options available. It can be very difficult to decide which home is right for you, but there are several important tips you should keep in mind. They include: 1. Make A List Of Your Wants And Needs First, make a list of what you need to have and what you want to have. It is very difficult to find the perfect home, but if you have a list that allows you to prioritize what is most important, the process will…
Read More

The Top Tips To Remember When Moving

Mortgage Tips , ,
If you have recently purchased a home, you are probably excited to move into your new house; however, the moving process can be stressful. There are a few important tips you need to keep in mind if you are moving soon. Make sure to plan ahead, as there are several ways to save time and money. Get Quotes From A Few Moving Companies First, you need to get multiple quotes from multiple moving companies. If you have heavy furniture, it is better to hire a moving company to reduce the chances of your furniture getting damaged. When you talk to…
Read More

Save Money On DIY Projects Around The House

Home Mortgage Tips , ,
It is not exactly a secret that inflation is a significant issue. With inflation continuing to increase the cost of living all over the world, there are many people who are looking for ways to save money. Home improvement and renovation projects have been popular during the past few years, but many homeowners are starting to put them on hold because of how expensive everything has gotten. What are some of the ways you can save money on your home repair and renovation costs? Know What You Can Do Yourself First, you need to think about home repairs that you…
Read More

The Top Tech Upgrades For Your Home During A Home Improvement Project

Mortgage , ,
If you want to increase the value of your home, you might be thinking about conducting a renovation project. You can significantly increase the value and appeal of your home if you add some advanced technology. What are a few of the top tech upgrades you should consider adding to your home? Take a look at some of the top options below, and consider reaching out to a professional who can help you. A Smart Thermostat There are a lot of people who are concerned about cost-of-living increases. If you are looking for a way to save money, reduce your…
Read More

First Time Home-buyers: How to Properly Research Your Mortgage Options

Home Mortgage Tips , ,
For most consumers, buying a house is the largest purchase you'll make in your life. That's why it's important to ensure that you have the best mortgage terms available. With so much at stake, it's important to have full confidence in both your lender and your mortgage. So how can you ensure that the mortgage you choose is the right one for you? Here's how you can evaluate your mortgage options and find the best option for your individual circumstances. Make Sure You Actually Do Shop Around According to the Consumer Financial Protection Bureau, half of borrowers consider just one…
Read More