Step-by-Step Guide to Financing for Self-Employed Buyers
A comprehensive guide on how self-employed individuals can secure home financing. Get practical tips to make your dream home a reality.
Ready, set, prep: first steps before you buy a home
If you are looking to restart your search for a home, it can be tempting to jump straight into getting a pre-approval. But you may want to spend some time sorting out your finances first, as it’ll give you a more realistic snapshot of what you can afford in a fast-changing market.
What to keep an eye on as home sales fall and prices rise
June 24, 2022. Existing home sales fell 3.4% in May while the median home price rose above $400,000 for the first time, according to data just released by the National Association of Realtors (NAR). Despite the headlines, these numbers aren’t necessarily a reason to panic.
To Buy or Not to Buy: What to Do When Mortgage Rates Are Rising
The Federal Reserve has raised interest rates three times in 2018, and they’re not finished: another hike is expected before the end of the year. If that’s not bad enough, most financial analysts agree that we can look forward…
8 Things You Should Know About Making an Offer on a Home
It’s one thing to idly scroll through online house listings. It’s something else entirely to make a real offer to buy a home, even now when the purchase process has taken on an entirely new form combining online shopping,…
What Is the Morty Pre-Approval? How Is It Different?
A mortgage pre-approval letter in-hand takes the stress out of house hunting. Instead of wasting your time looking at homes out of your price range—or worrying about whether you qualify for a mortgage at all—being pre-approved for a mortgage means you can…
Here’s What’s Wrong with Mortgage Pre-Approvals
In 2018, mortgage pre-approvals are absolutely essential to the home buying process. Given how important pre-approvals are to homebuyers, real estate professionals, and home sellers, most folks would be surprised to learn that many mortgage pre-approvals have a serious…
Does Bigger = Better When It Comes to Borrowing Your Mortgage?
The wisdom espoused by some real estate professionals (and occasionally by well-meaning friends and family) goes something like this: When buying a home, go ahead and spend every cent of what a lender is willing to finance for your…
Can I Afford What My Pre-Approval Letter States?
As a soon-to-be-homebuyer, you did the smart thing and got pre-approved for a mortgage. Now that you’ve gone through the pre-approval process, you know what your expected monthly mortgage payment amount and maximum home price are. Some would-be homebuyers…
Four Things You’ll Need to Get Pre-Approved for a Mortgage
Pre-approved borrowers can rest a little easier than other wanna-be homeowners because they know that they’ve already jumped through most of the hoops to qualify for a mortgage. As a savvy soon-to-be homeowner, you know that getting a mortgage…
When Should a Homebuyer Get Pre-Approved for a Mortgage?
As a first-time homeowner, you may not know is exactly when in the home buying process you should tackle the mortgage question. Too many homebuyers wait to worry about home financing until they’re knee-deep in negotiations on their dream…
4 Reasons You Should Get Pre-Approved for Your Mortgage
Ever gone to the store without your wallet? Then you know how embarrassing and frustrating it can be to want to buy something and suddenly discover that you’re unable to pay for it. When you’re buying something as important…
Mortgage Pre-Approvals Explained
4 Things You Need to Know Most first-time homebuyers don’t have hundreds of thousands of dollars just sitting in their bank accounts. If you need financing to purchase a home, you’ll need to be able to show a seller some…
Getting Pre-Approved for a Mortgage Will Save You Hassle and Heartache
You wouldn’t go to the grocery store without bringing your wallet. And for major purchases like home appliances or furniture, you’d make sure you had enough money (or credit) to cover the cost of that new dishwasher or sofa…