3 Reasons a Loan Commitment Is Essential for Homebuyers This Spring

Posted by Laine Smith on 3/22/17 8:00 AM

With mortgage rates still favorable, home prices rising and the number of existing homes on the market near record a record low, having sound financing is essential if you hope to purchase a home heading into the busiest homebuying season of the year. Here’s how a loan commitment gives you a head start against other buyers in the market.

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5 Tips for House Hunting in a Market with Low Inventory

Posted by Laine Smith on 2/22/17 9:00 AM

Low existing home inventory isn’t new housing market issue. Low mortgage rates and rising home values have made many real estate markets extremely competitive with homes selling above listing price within a matter of days. According to the most recent existing home sales report, inventory is at its lowest in nearly two decades. Here’s how you can prepare for buying a home when inventory is tight.

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First-Time Homebuyer FAQ: Can I Apply for Credit When Getting a Mortgage?

Posted by Laine Smith on 2/6/17 10:00 AM

Your loan has been fully approved and closing day has been marked on your calendar. While anticipating the day your home finally becomes your own, you’ve started to browse for furniture and appliances to deck out your new digs and intend on applying for a store credit card to score a discount. But wait; can you apply for credit when getting a mortgage?

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Pre-Approval vs. Loan Commitment: What You Need to Understand About the Difference

Posted by Laine Smith on 1/23/17 9:32 AM

We’re only months away from the busiest homebuying season. Whether you’re planning to make a home purchase yet this winter or are waiting until spring, you’re likely making strides to get your credit score and finances in the best shape possible. Another step you should pay a good amount of attention to: your path to home financing. Here’s what you need to know about pre-approvals versus loan commitments to determine which is the right step for you.


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7 New Year's Resolutions to Make to Buy a Home in 2017

Posted by Laine Smith on 1/1/17 10:00 AM

Happy New Year! 2016 was a hot year in the real estate market with high homebuyer demand, low inventory and historically low mortgage rates throughout the majority of the year. If this is the year you want to become a homeowner, here are 7 resolutions to make to set yourself up for the best homebuying and home financing experience.


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Preparing to Buy Your First Home in 2017: 5 Things You Should Start Doing Now

Posted by Laine Smith on 12/4/16 12:51 PM

Increasing mortgage rates coupled with rising home prices and rent costs are among a few of the reasons 2017 could be a good year for you to buy a home. Here’s what you can and should be doing now if 2017 is the year you want to get out of the rental circuit.

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How to Set Aside the Top 7 First-Time Homebuyer Fears

Posted by Laine Smith on 10/29/16 12:37 PM

Terrified of jumping into the homeownership circle? As with any large purchase, buying a home can be unnerving for someone who has little knowledge of the homebuying and financing process. Here's how to set some of those fears aside when preparing to make a home purchase.

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7 Steps to Buying Your First Home This Fall

Posted by Laine Smith on 9/10/16 9:45 AM

So you’ve decided to buy a home this fall. Congratulations! There are several benefits of autumn homebuying, but before you start thumbing through online listing photos, there are a few educational and financial steps to complete to get yourself in the best shape for a mortgage and homeownership, in general.

Here’s how to get on the right track to becoming a first-time homeowner this fall.

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Mortgage 101: Who's Who in Your Home Financing Process?

Posted by Laine Smith on 8/27/16 7:48 AM

The homebuying process goes beyond your real estate agent and mortgage banker. When it comes to your home financing, there are a lot of key players who have large roles in seeing your mortgage go from pre-approved to closed. Here are a few of the mortgage professionals that play a part in the loan process.

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Mortgage 101: What First-Time Homebuyers Should Know About Their Credit Scores

Posted by Laine Smith on 7/27/16 12:49 PM

With mortgage rates still near historic lows, many consumers are looking to purchase and finance homes, making it more crucial than ever for them to understand what part their credit score plays in the mortgage process. Here are some of the most commonly asked questions regarding credit scores and homebuying.

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