Have you wondered what the mortgage loan pre-approval process looks like? While the loan process is similar across the mortgage industry, it will vary from lender to lender. Since we…
Mortgage Pre-Approvals: What You Need To Know
Not all mortgage pre-approvals are created equal. Getting pre-approved for a mortgage loan is an exciting first step in the home-buying journey, but not all pre-approvals hold the same value….
Working with a Mortgage Broker vs. Mortgage Banker
When shopping for a mortgage, there are a number of different options a borrower has when it comes to choosing a mortgage lender. The primary types of mortgage lenders consist…
NAR Residential Real Estate Commission Settlement
The residential real estate industry is abuzz with the recent National Association of Realtors (NAR) Settlement, which is set to significantly alter the home-buying process as of August 17, 2024….
Qualifying for a Mortgage – Restricted Stock Units (RSUs)
The largest hurdle for borrowers looking to qualify for a mortgage is to prove they have enough income to qualify – especially for those who are employed by a startup…
What Exactly are Condominium & HOA Documents?
Securing a mortgage loan for a condominium or townhome involves more than just providing personal financial details. Mortgage lenders require a set of documents specific to the homeowners association project…
Reverse 1031 Exchange: What is it?
Introduction Most real estate investors are familiar with a 1031 exchange, a strategy used to defer capital gains taxes, where a property owner can take an existing property that they…
Condos & Townhomes: HOA’s
Condominiums and townhomes are a great option when it comes to homeownership. They can be great as starter homes, for those looking to downsize, or even those looking to be…
Appraisal Revisions & Reconsideration of Value
An appraisal report is an integral part of the mortgage loan process. Occasionally a lender will issue a PIW (property inspection waiver) allowing a borrower to skip this requirement however…
Relocation & Remote Work: How It Impacts Your Ability to Qualify for a Mortgage
We are often approached by potential borrowers who are moving from one city/state to another and looking to get pre-approved for a mortgage. While this may seem straightforward and logical…
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