A Comprehensive Guide On Getting You Prequalified For A Mortgage Introduction: Purchasing a home is an exciting milestone in life, and obtaining a mortgage is an essential step in making that dream a reality. One crucial initial step is getting prequalified for a mortgage. Prequalification helps you determine the loan amount you’re eligible for and […]
Here Are The Minimum Credit Scores Required For Home Loans In Michigan If you’re looking to buy a home in Michigan, one of the first things you’ll need to consider is your credit score. Your credit score plays a significant role in determining the type of mortgage loan you can qualify for and the interest […]
This series, Finding A Home, is about looking at open houses, how to make an offer, concessions and appraisals. Tips from real estate brokers and mortgage lenders. 1) What to look for at an open house 2) How to make an offer on a house 3) Buyer and seller concessions 4) The role of a […]
This series, Getting Started, is about should you buy or rent at this time, what can you afford, how do you secure a mortgage and home buyer tips from real estate brokers and mortgage lenders. 1) Advantages of buying vs renting 2) How much home can you afford 3) Getting a mortgage in today’s market […]
Mortgage applications down, rates rise. Today I read this article from RealtorMag on how mortgage applications tumbled as mortgage rates soar. 15 year fixed at 2.96% and 30 year fixed at 3.78%… Mortgage applications last week dropped 10 percent after rates soared to their highest level since March, the Mortgage Bankers Association reported in its […]