Mortgage News and Notes Blog

Steps to Becoming a Homeowner

Steps to Becoming a Homeowner

                      Making the decision to purchase a home is a big step! Our team understands the mortgage process may be overwhelming at times and we’re glad to be here to help you navigate through this important life change. Discover below the ins an

Apr 19, 2022 |

How to Make Your VA Loan Competitive in a Hot Market

How to Make Your VA Loan Competitive in a Hot Market

In the red hot housing market of the past few years, sellers usually have multiple offers, often getting more than their listing price. If you are using a VA loan to back your purchase you may worry that sellers might choose conventional-loan-backed offer

Apr 12, 2022 | VA Loans

What’s the Difference Between the Sales Price and Appraised Value of a Home?

What’s the Difference Between the Sales Price and Appraised Value of a Home?

During the home buying process, you will encounter many unfamiliar terms, some of which may seem like the same thing. One such pair might be “sales price” and “appraised value.” They both refer to how much the house is worth, right? Actually, there is a d

Apr 06, 2022 | Purchasing a Home

Can You Afford a Second Home?

Can You Afford a Second Home?

If you are looking to buy a vacation home in one of your favorite spots, one of the most important questions to ask yourself is “Can I afford to buy a second home?” The answer will depend on a variety of factors.While some buyers have the cash to buy a se

Mar 29, 2022 | Purchasing a Home

What You Need to Know About FHA Loans in 2022

What You Need to Know About FHA Loans in 2022

It’s a new year and a new chance for many people to become homeowners. There are several mortgage products that are designed for first-time buyers; the FHA loan is especially helpful. Here’s what you need to know about them and the changes that have been

Mar 22, 2022 |

Will a HELOC Affect Your Credit Score?

Will a HELOC Affect Your Credit Score?

With home prices soaring over the past few years, homeowner equity is at all time highs. It could be a great time to tap into some of that equity to pay off debts or finally make those home improvements you’ve been dreaming about. One of the most common w

Mar 16, 2022 |