Let's review the most common items that an underwriter might want to verify (at the last minute) during the process of closing on your new mortgage. As of this writing, I've signed for a new mortgage loan (or home equity line of credit) at least 25 different times in the last 20 years. Each time was for either a real estate purchase or refinance and the underwriting process has … [Read more...] about 10 Things An Underwriter Might Ask You To Verify [before you sign]
Should you use a debit card or credit card on most of your transactions? It's a question that you've needed to answer ever since cards replaced cash as the most common way to transact in the retail sphere. When debit cards first came out it was confusing for cashiers and consumers, and many people thought they were the same thing! The similarities of debit and credit cards … [Read more...] about Credit Vs. Debit Card: What Advantages Make Credit Cards Better?
How do you get pre-approved for a new mortgage so you can purchase a new home or investment property? Or refinance your existing property? Being organized and having your personal finances in order is a great start. It will give you the best chance of getting qualified for a new mortgage. In this guide, we'll review the steps required for getting qualified for a … [Read more...] about How To Get Pre-Approved for a Mortgage Home Loan
If you are lucky enough to have a large sum of cash set aside to buy your next real estate property outright, then congratulations! But for the rest of us, we’ll need to finance our next home purchase with a mortgage or some other type of creative financing. Then be able to pay it all back over a 1, 5, 10 or a 30 year period. Shopping around and applying for financing … [Read more...] about 3 Smart Loan Options For Your Next Home Purchase or Refinance