July 2018

What is the role of a real estate agent during a home buying transaction? If you ask a hundred different agents this question, you will likely get just as many different answers. In truth, the primary role of a real estate agent when working with buyers is a simple one. Your agent’s primary obligation is to help you find a home that meets your needs, and to help facilitate the purchase. In exchange...

How much of a mortgage loan can I afford by borrow when buying a home? This is one of the most common question among first-time home buyers, and with good reason. If you take on a bigger monthly payment than you can afford, you could become another foreclosure statistic. And that’s bad for all parties involved — for you, for the bank, and even for the economy. So let’s talk about how you can...

Question: “I was pre-qualified by a mortgage lender a week ago, and they have since been following up by email and asking for various documents. I did the pre-qualification process online just by providing some basic information about my income and the type of loan I’m seeking. My question is, if you are pre-qualified for a mortgage, is there a good chance you’ll be approved by the...

Mortgage refinancing gives homeowners a way to reduce their home loan interest costs, and maybe even shorten the mortgage term at the same time. As a result, it is one of the most common financial strategies among people who own homes. This article addresses the number-one question among homeowners who are considering a refinance loan: When does it make sense for me to refinance my mortgage loan? And...