Feb 9, 2021
As you begin the process of searching for a mortgage, underwriting is one of the first terms that you’re likely to encounter. While many understand it to be an essential step toward a loan’s approval, it’s not always clear what the process involves. Since the goal of buying a home typically hinges on a loan […]
Mar 26, 2020
Magnifying glass
Whether you’re buying, selling, refinancing or pursuing a reverse mortgage, you can expect to encounter the home appraisal process along the way. It’s a critical, but often unfamiliar, experience with significant consequences for your goal.  Eliminating the mystery of the factors that determine an appraisal, why it’s required, and how it can impact your transaction […]
Mar 17, 2020
loan application
Applying for a mortgage is an in-depth process. Along the way, an underwriter will be reviewing your bank statements, tax returns and credit history to evaluate your eligibility for a long-term loan. But, even the most confident borrower can run into unexpected problems if they lack a thorough understanding of the situation.  If a mortgage […]
Sep 4, 2018

Before you can refinance or sell your home, an independent appraiser must determine its value. Appraisers come to their conclusions by comparing your home to similar properties that have recently sold in the same area. They’ll make price adjustments based on differences in size, condition or features. It might seem scary that so much of […]

Jan 31, 2018

Despite the “reality” shown on popular HGTV shows, buying a home isn’t always rainbows and butterflies. Real-life issues are bound to emerge after your offer is accepted and the loan process is underway. While there’s no reason to be pessimistic, it’s never a bad thing to be prepared for unseen obstacles. We’ve put together a […]

Jan 18, 2018
Buying or selling a home is more than just a transaction. It involves many steps, from listing to closing, and each one can be a source of frustration, especially if either party is unclear about the purpose or unsure about what to expect. The appraisal is just one of those anxiety-inducing steps. By understanding the […]