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What is a Loan Estimate?

What is a Loan Estimate?

During the mortgage application process, you will receive a very important document called the Loan Estimate (LE). This three-page form will provide you with detailed information about your proposed mortgage. Here’s what you need to know to effectively ma

Mar 21, 2023 | Purchasing a Home

What Fees are Included in Mortgage Closing Costs?

What Fees are Included in Mortgage Closing Costs?

When you buy a home or refinance your mortgage, you should expect to pay closing costs. What are these fees and what is it you are paying for? Closing Costs Defined Closing costs are charges for basically all the services it takes to put together a mortga

Mar 14, 2023 | Purchasing a Home

How To Beat High Inflation with a Home Purchase

How To Beat High Inflation with a Home Purchase

Inflation rates in the U.S. rose to unusually high levels over the past few years. While the Federal Reserve is making headway on bringing rates down, it can still feel like your buying power is being quickly eroded. High interest rates may have scared yo

Mar 07, 2023 | Purchasing a Home

How Long Does a Mortgage Pre-Approval Last?

How Long Does a Mortgage Pre-Approval Last?

The U.S. real estate market has had an extremely low inventory of available homes over the past two years thanks to enormous demand. That has resulted in longer home searches for potential buyers. The National Association of Realtors recently reported tha

Feb 28, 2023 | Purchasing a Home

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