November 28, 2022

What Happens When My Loan Gets Sold?

The short answer is that loans get sold to free up money at financial institutions, so they can create more loans for others. The process of doing this is called

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November 10, 2022

What’s A Property Inspection Waiver?

Getting a home loan? Your lender may tell you that you’re eligible for a property inspection waiver, or PIW. What is it and why would you opt for this, if

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October 24, 2022

The Role of A Mortgage Underwriter

Getting a mortgage for the first time is a truly unique experience where you’ll learn a lot. During that time, you’ll eventually get the word from your Loan Officer that

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September 29, 2022

The Dos and Don’ts of Down Payments

If you have homeownership on your wish list, you’re most likely going to need to come up with a down payment. The decision on how much to put down isn’t

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Person thinking about housing
September 19, 2022

What Happens to The Housing Market During a Recession?

We know that interest rates are on the rise … does that mean the potential for a recession, even a mild one, is on the rise too? While looking at

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Saving money purple money bags
August 31, 2022

Four Tips for Saving in a High-Rate Environment

It’s true that rates are no longer in a historically low spot, but they are still lower than what were seen before the housing market crash – and we’re talking

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April 20, 2022

What’s the Difference Between Interest Rate and Annual Percentage Rate?

Interest Rate and Annual percentage rate — or APR — are they lost siblings? Brothers from another mother? Second cousins once removed? (What does that even mean?) The truth is,

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March 16, 2022

What’s the Difference Between a Fixed-Rate and Adjustable-Rate Mortgage?

When you buy a home, you’re presented with a lot of options – type of mortgage, term length, fixed-rate or adjustable…  Let’s discuss the latter so that you go into

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March 8, 2022

Should I Invest in Mortgage Points?

Points. Mortgage points. Discount points. Buying down your rate. It all means the same thing. Simply put, mortgage points are the opportunity to buy down your interest rate in small

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February 17, 2022

Should I Co-Sign on Someone Else’s Mortgage?

Co-signing on a mortgage loan for someone can mean the difference between them being approved or not. But with co-signing comes great responsibility. Let’s outline the pros and cons so

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