There’s quite a bit of misunderstanding about homeowner’s insurance and how much protection it offers you, the homeowner. Depending on the type of loan you have, whether conventional or government funded, you’ll be required to insure your home in case of a disaster.
“What happens on closing day and after?” That’s a question we get asked often.
On closing day, you’ll sign documents to finalize the transaction and release the funds from your home loan. You’ll also receive digital or paper copies of all the signed documents plus the keys to your new home.
When talking about the benefits of owning a home, especially from a mortgage professional’s point-of-view, you often hear about the financial upside of homeownership. While it’s true that buying a home remains one of the most stable investments one make, there are many more advantages to homeownership.
In previous posts, we talked about the current rise in mortgage rates and whether it’s still a good time to buy a home (yes it is!).
Whether you’re renovating for style or repair, making changes to your home is exciting –and daunting! Planning what to upgrade, where to purchase the supplies, who to trust to do the work are just some of the daunting tasks involved.
Buying a home often means buying it alongside another person. It may be a spouse, a parent, with your adult child, a family member, or another significant other. If you plan on purchasing a home and plan on including another party, it’s important to know what to look for in a “purchasing partner” as well…
Digital convenience is essential in today’s world –even when applying for a mortgage. Submitting your home loan application and all the necessary documents with just a few clicks is not only easy, but it also makes the approval process faster and available to you where ever you are.