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What Is Mortgage Insurance Premium?
If you're a first-time mortgage borrower, you might be asking yourself, "What is MIP?" Home buyers considering getting a loan from the Federal Housing Administration will find MIP, or mortgage...
5 Questions to Ask Your Loan Officer Before You Refinance
Ready to refinance? It's time to find the right lender. Here are the 5 most important questions to ask potential lenders before you refinance. What rates can you offer for a no-cost refinance? If...
The 3 Most Important Numbers for Your Mortgage Application
When it comes to getting a lender's approval to buy or refinance a home, there are 3 numbers that matter the most: your credit score, debt-to-income ratio, and loan-to-value ratio. These numbers can...
5 Reasons Mortgage Applications Get Rejected
You apply for a mortgage, but your application gets rejected. Suddenly, you're hit with a wave of embarrassment, shock, and horror. Sadly this is a reality for some home buyers. According to a...
7 Ways to Establish Good Credit
Building strong credit matters, no matter what financial goals you've set for yourself, but it's essential in order to apply for a mortgage loan. Your lender will look at a number of factors when...
What Happens To Your Loan After You Close?
You made it! The process of searching for the perfect home is finally over! You found the one, and you've signed the closing paperwork, now what? It's time to review your loan details to ensure...