Does buying a home need to be stressful? Not necessarily. It can be a very enjoyable process, but there are some steps you need to take if you wanted to go smoothly. In 8 Ways to Make Buying a Home Less Stressful, Part 1, we talked about a few things you can do to make […]
8 Ways to Make Buying a Home Less Stressful, Part 1
Getting ready to purchase a home? Whether or not this is your first rodeo, you are embarking on a journey that is going to involve a lot of hard work, planning, and coordinating. But buying a home does not need to be a stressful experience. Let’s go over some things that you can do to […]
Why Aren’t Credit Karma Scores Representative of the Scores Lenders Pull for Mortgages?
Before you apply for a mortgage, you need to check your credit. But before you turn to Credit Karma to do so, here is something you need to know: the score the free tool shows you will not be representative of the score the lender will pull. This is a matter that has led to […]
VA IRRRL FAQ
Are you looking to refinance an existing VA mortgage into another VA home loan? If so, you may have a number of questions about how VA to VA mortgages work. Known formerly as “Interest Rate Reduction Refinance Loans,” they are called IRRRLs for short. Let’s go over answers to some frequently asked questions about IRRRLs. […]
Pre-Approval vs. Pre-Qualification: What is the Difference?
An important step in the home buying process is to get pre-approved for a mortgage. But have you ever wondered what the difference is between pre-approval and pre-qualification? In this post, we will consider the similarities and differences between the two and how they relate to each other. Pre-Qualification vs. Pre-Approval: Are They the Same […]
How to Fix Credit Report Errors When Buying a Home
Are you trying to purchase a home or refinance a mortgage? If so, you know that your credit score is one of the main factors that determine what mortgage rates you are eligible for. One important step to take before you apply for a home loan is to check your credit report. Your score is […]
How to Improve Your Chances of Mortgage Approval During Retirement
If you are retired and want to buy a home, you may wonder how retirement impacts your chances of qualifying for a mortgage and what you can do to improve your eligibility. The first thing to know is that under the Equal Credit Opportunity Act, no lender can legally refuse to offer you a mortgage […]
What to Know About Employment Requirements When Applying for a Mortgage
One of the most important factors in qualifying for a mortgage is your employment status. Unless you are retired and no longer need to be in the workforce, a lender is only going to consider offering you a loan if they can trust that you will continue to earn the income necessary over the years […]
4 Reasons to Lock in Fixed Mortgage Rates Now
If you have been thinking about buying a home or refinancing, this is a good time to lock in a fixed mortgage rate for the years ahead. Let’s go over a couple of reasons why. Buy a Home in Seattle, WA Mortgage rates are still very low. The biggest reason to lock in mortgage rates […]
Tips for Buying a Home During COVID-19
Shopping for a home and choosing a mortgage in Seattle or elsewhere in Washington state during the coronavirus outbreak is a bit different than the usual process you may be familiar with. Nevertheless, with record low mortgage rates, this is a great time to consider investing in a home. If you do decide to purchase […]
