In the world of homebuying, think of a mortgage pre-qualification as a learner’s permit, while a preapproval letter is an official license to drive. Like a learner’s permit, a pre-qual letter will get you on the road to homeownership, but…
When discussing loans, you may hear the term adjustable-rate or fixed-rate. That's why it's important to understand the distinction between the two loan types. Just a note: The “rate” in both adjustable-rate and fixed-rate refers to the interest rate. What is…
Are you ready to close out the year? It may be a great time to review your finances and find out what you can do to improve your financial health. Especially if your plans for the new year include buying…
Attention Veterans and Active Duty Military, for mortgage applications taken in November we will credit you the cost of your appraisal when your loan closes.* If you're looking for a home, make sure you check out the HUNT Real Estate…
Whether you give a hoot about the environment or not, it could pay to think about energy efficiency when shopping for a home. Newer houses certified by Energy Star — the federal government’s energy-efficiency rating program — use an average of 20%…
A perfect home can be hard to find these days, especially if you’re a first-time home buyer on a budget. That could be why nearly 60% of home shoppers age 18-34, many of whom may be buying for the first…
Starting off the mortgage process can be confusing, especially if you're not familiar with the terminology and features of a mortgage. Here are 4 mortgage terms you should be familiar with before you apply for your first mortgage. What is…
Deciding to purchase your first home is a huge moment in your life. There are a few things you’ll want to know before you apply for your first mortgage. Familiarizing yourself with your finances will be important. Here are 3…
Getting a mortgage can appear to be a daunting task to anyone unfamiliar with the mortgage process. Here are a few of the frequently asked questions our home buyers have during the mortgage process: Q: How do I know what…
If you’re a first-time homebuyer, understanding what goes into your monthly mortgage payments can be confusing. Your mortgage monthly payment consists of four different components, known as PITI for short. What does PITI stand for? Principal. Your principal balance is…
