Mortgage Tips

Simple mortgage tips to help you better prepare for the mortgage process and ideally save money on your mortgage.

15 Things to Do After Your Mortgage Funds

15 Things to Do After Your Mortgage Funds
January 22, 2019 No Comments »

Getting a mortgage can be pretty exciting, especially if it’s your first time. It can also be a very daunting process fraught with the potential for errors and missteps. I’ve already discussed what to do before applying for a mortgage. ... Read More »

What Is a Non-Conforming Mortgage Loan?

What Is a Non-Conforming Mortgage Loan?
January 16, 2019 No Comments »

If you’ve been doing some mortgage shopping/research lately and happened to come across the phrase “non-conforming loan,” you might have some questions. At first glance, you probably understand that the loan in question doesn’t conform, but to what exactly? Well, ... Read More »

When Should You Start Looking for a House?

When Should You Start Looking for a House?
January 10, 2019 No Comments »

The short answer: Immediately. That is, if you want to buy a home at some point in the next year, or anytime thereafter. We’ll get into the specifics in a moment, but there’s really no sense in waiting if you ... Read More »

12 Home Selling Tips for 2019

12 Home Selling Tips for 2019
January 8, 2019 No Comments »

While the recent stock market rout will undoubtedly make prospective home buyers feel a little bit poorer, lower gas prices and cheaper interest rates may have the complete opposite effect. Regardless of what happens to the economy, chances are that ... Read More »

2019 Mortgage Rate Forecast: We Could Be in for a Big Surprise

2019 Mortgage Rate Forecast: We Could Be in for a Big Surprise
December 19, 2018 No Comments »

Just like that another year has passed, well almost, so it’s time once again to look forward to what the next 365 days might bring. Will 2019 be a winner for mortgage rates, or will home buyers and refinancers face ... Read More »

2019 Mortgage and Real Estate Predictions

2019 Mortgage and Real Estate Predictions
December 11, 2018 No Comments »

First off, here are my 2018 predictions in case you want to see how they panned out. Overall, I think I did alright, though my call for the 30-year fixed to end 2018 at 4.5% didn’t quite materialize. There’s actually ... Read More »

10 Things You Should Do Before Applying for a Mortgage

10 Things You Should Do Before Applying for a Mortgage
December 5, 2018 No Comments »

I once wrote that you should look for a mortgage before searching for a property to buy because unless you have lots of cash, you’re going to need a loan. Now let’s talk about what you should do before you ... Read More »

Can I Lower My Mortgage Interest Rate Without Refinancing?

Can I Lower My Mortgage Interest Rate Without Refinancing?
November 16, 2018 No Comments »

Here’s an interesting one. Is it possible to snag a lower mortgage rate without refinancing? While it’s not all that difficult to refinance a home loan, it does take a bit of time and energy, and you generally need to ... Read More »

What Is Verification of Employment for a Mortgage?

What Is Verification of Employment for a Mortgage?
October 31, 2018 No Comments »

When you apply for a mortgage, underwriters will comb through your finances to determine if you’re a good candidate for a loan. This includes verifying a lot of personal information, including your income, assets, credit history, and employment. Without these ... Read More »

Sell Your House or Rent It Out?

Sell Your House or Rent It Out?
October 15, 2018 No Comments »

If you already own some real estate, perhaps a house or a condo, and are looking to move on, you might ask yourself if it’s better to sell it or rent it out. This is an especially pertinent question when ... Read More »