Can I Buy a Piece of Land and Build a House on It With a Mortgage? Yes — Here’s How

Have you been hunting for a new house without finding one that suits your needs? If so, one option that you may want to consider is building a new construction home on a choice piece of land. In today's blog post we will explore a few different mortgage options for those who are looking to build a brand-new home. Qualifying For A Construction Mortgage As with any mortgage product, the first step you will want to take is to begin the qualification process. As your lender does not have a completed Continue Reading

Considering a New Home Next Year? Start Now and Get a Jump on Improving Your Credit Score

In the market for a new home in 2018? With the new year just a few short weeks away, that leaves you with precious little time to get your finances in order. Let's explore a few tips that will help you get a jump on improving your credit score before the end of the year. Grab A Fresh Copy The first step is to order a fresh copy of your credit report from one of the major agencies. The Fair Credit Reporting Act allows you to access a free copy of your credit report once every 12 months. So, if Continue Reading

Stuck in a Bidding War? 3 Ways to Win Without Busting Through Your Mortgage Approval Amount

Are you making an offer on a new home in a hot housing market? If so, one possibility is that you are going to end up bidding against other buyers who are looking to buy the same home. Unfortunately, in some cases bidding wars are inevitable, and they can be a significant source of stress. Let's take a look at three ways that you can win a bidding war without having to spend more than you can afford. Price Is Important, But It's Not Everything The first consideration to keep in mind is that Continue Reading

Man Vs. Machine: Why Using a Human Mortgage Professional Is Better Than Trusting an App

Are you currently house-hunting or plan to be in the near future? If you plan on using mortgage financing to pay for your home, you will soon discover that there's no shortage of options available to you. You can meet with a local mortgage professional, apply for mortgages online and even download mobile apps that promise to set you up with a mortgage. However, is every option equal? Let's explore why, in the epic battle of man versus machine, you will want to place your trust in a human Continue Reading

Buying a New Home? Four Key Questions to Ask Your Mortgage Advisor

Are you in the market for a new home? If you are planning on borrowing some or most of the home's purchase price, you'll want to prepare yourself for the mortgage process. Let's take a look at four key questions that you will want to ask your mortgage professional when you first meet to discuss your home loan. What's The Best Mortgage Option For Me? As you probably know, there is a wide variety of mortgage loan options and programs on the market today. You may qualify for a number of mortgage Continue Reading