Top 10 Mistakes Made by First-Time Home Buyers

The real estate market is a complex and finely balanced machine. To transition the ownership of a house along with the financial maneuvers necessary to do this safely requires a careful path. Buyers rely on their real estate agents and loan officers for guidance, but the more you understand of the process, the smarter choices you can make along the way. First-time home buyers are the most likely to miscalculate finances or miss an important opportunity for savings when buying a home.

Pre-Qualifying for a Home Purchase – What You Need to Know

Thinking of buying a new home? It’s an exciting and fearful time. While it’s nerve-wracking to purchase a new home, having your ducks in a row will make the process that much easier. Here are some tips on how to get the ball rolling and get pre-qualified for buying a house.

What Does Escrow Mean? What You Need to Know About Escrow to Buy a House

Buying a house is a multi-step legal and financial process. There are assurances and securities on both sides, for buyers and sellers, to make sure the deal goes through legitimately. It is necessary to include a contract, lawyers, and a special bank account known as escrow to make the deal happen correctly.

Dealing with your Mortgage Payments During a Furlough or Layoff

For many people, the fear of losing their homes because they are unable to make a mortgage payment is growing. Here are some of the options which may be available to help ensure if you are unable to make a mortgage payment because you have been laid off you will not be risking losing your home.

What is a Mortgage Forbearance Agreement?

How can homeowners who are clearly not at fault for their lack of sufficient employment navigate through this time? One option is mortgage forbearance. This article will discuss what mortgage forbearance is, what it involves, and whether you should agree to this plan.

All About Being A Mortgage Loan Processor

If you have ever bought a home and taken a mortgage, then you must have dealt with a mortgage loan processor. However, have you ever wondered what does this job entail or even how you can become a loan processor? In this article, we discuss in detail the role of a mortgage loan processor- the education and training required, the responsibilities and what a typical day on the job looks like.