Should I get Prequalified to Buy a Home?
When searching for a home, you will eventually find yourself sitting face to face with a mortgage lender who will be evaluating your financial history. At that time, you might find yourself struggling to gather enough information to present a positive lending history. You can avoid the discomfort of this process by going through a […]
Why Do I Need an Appraisal to Buy a Home?
As a first time homebuyer, you might wonder the reasoning behind many of the tasks you are expected to complete in order to obtain a mortgage or loan and take possession of the home. Being required to have your new home appraised is often seen as the most questionable necessity. However, from the perspective of […]
What is a Mortgage?
If you plan to buy a home in your lifetime and don’t have a large trust fund or lottery winnings, one of your first stops in a home search will be a bank or lending company. A mortgage is a loan that you receive from a financial representative that is placed against the value of […]