by lizlaurenb | Nov 10, 2023 | Mortgage
Going from renting to owning a home can be a significant financial and personal milestone, but it requires careful planning and preparation. Here are some steps to take to make the transition from renting to owning: Determine your budget: Calculate your current...
by lizlaurenb | Nov 9, 2023 | Mortgage
Securing a mortgage to purchase your dream home is a significant financial decision. One of the essential aspects of this process is locking in a favorable mortgage rate. A mortgage rate lock ensures that the interest rate on your loan remains the same for a specified...
by lizlaurenb | Oct 24, 2023 | Mortgage
When a borrower applies for a mortgage loan, the lender typically requires proof of insurance coverage before they approve the loan. An insurance binder is a document issued by the insurance company that provides temporary proof of insurance coverage until the...
by lizlaurenb | Oct 20, 2023 | Mortgage
As retirement approaches, many individuals find themselves faced with financial challenges and uncertainties. One option that is often overlooked but can be incredibly beneficial is the reverse mortgage. A reverse mortgage is a financial tool that allows homeowners...
by lizlaurenb | Oct 18, 2023 | Mortgage, Mortgage Tips
When it comes to buying a home, one of the most critical factors to consider is how much you can borrow through a mortgage. Mortgage lenders play a pivotal role in determining your borrowing capacity. We will delve into the intricacies of how mortgage lenders decide...
