Blog – Page 2 – Homespire Mortgage


What are Mortgage Underwriters looking for?
Once you've found a house, made an offer, and been pre-approved for a mortgage, you may think the tough work is done. You'd be wrong. Instead, you must first traverse the loan underwriting process, which is spearheaded by an underwriter.

Think of the underwriter as a Sherlock Holmes for the mortgage lending industry. With precisely three clues to work with -- credit, collateral, and capacity - they must

6 Things to Do Before Buying a Home
Buying your first home is a huge decision, and the process may seem daunting. After all, there are so many choices as well as costs to consider—and there's so much paperwork involved! Where do you even begin? In an attempt to give you a head start, we've created a list of six things we feel you'd best pay attention to before you decide to run

The 3 best ways to take advantage of today’s historically low interest rates
Mortgage interest rates were already hovering around 3 year historical lows when ‘Brexit’( Britain’s exit from the European Union) caused rates to drop even lower, and into all-time lows! That’s right, rates are near all-time lows, and more potential homebuyers and homeowners are beginning to take notice. Why? Simply because, the lower the interest rate, the lower a monthly

5 simple details expert realtors should know about mortgages
Don’t worry, we’re not trying to turn you into a loan officer here, but we do want to share some important details that expert realtors should be knowledgeable about when it comes to the mortgage lender side of things. Keep the following 5 mortgage things in mind the next time you’re meeting with a client.
1. Mortgage lenders are an exception when it comes to

Which one is better for Home Buyers: A Fixed or Adjustable-Mortgage Rate?
You’re ready to embark on the journey to home ownership and now you've got some things to consider. One of them – we’re sure – is deciding which kind of mortgage loan you're shopping for: a fixed-rate mortgage (FRM) or an adjustable-rate mortgage (ARM). Even if you’ve got your mind set on one, it’s always good to know the difference

A Realtor’s Guide to Building a Strong Social Media Presence
So you’re a realtor who wants to start using social media to build your business, but you aren’t sure where to begin. We’ve gone ahead and put together a quick list of the important things to keep in mind to keep you from having to do all the searching! Here’s what you’ll have to think about:
Do consider making the best use of your

First Time Home Buyers' Guide

Download our E-book today!