Consider this before embarking on a House hunt

While mortgage rates remain historically low, they are going up.  And, the documentation that Sellers expect to see from Buyers that are financing has gone up as well. Here are some important elements to consider BEFORE you embark on a house hunt:  How does a rate hike effect my bottom line? Let’s use a $1,000,000 purchase with 20% […]

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Read More Consider this before embarking on a House hunt

Mortgage Pre-Qualification vs. Pre-Approval: What’s the Difference

 AlexRaths/iStock; bortonia/iStock   From Realtor.com When buying a home, cash is king, but most folks don’t have hundreds of thousands of dollars lying in the bank. Of course, that’s why obtaining a mortgage is such a crucial part of the process. And securing mortgage pre-qualification and pre-approval are important steps, assuring lenders that you’ll be able to […]

Read More Mortgage Pre-Qualification vs. Pre-Approval: What’s the Difference