by Sarah Pasik | Oct 20, 2022 | The Mortgage Process
Top 10 Dos and Don’ts During the Loan Process What Not To Do: Z Don't Apply for New Credit of Any Kind If you receive invitations to apply for new lines of credit, don’t respond. If you do, that company will pull your credit report and this will have an adverse effect...
by Sarah Pasik | Oct 19, 2022 | Loan Program Resources
Knowing When It’s Time to Refinance Your Home Refinancing is the process of trading in your old mortgage for a new one that features a new interest rate and term. When you refinance your mortgage, the loan officer who grants you the new mortgage basically pays...
by Sarah Pasik | Oct 19, 2022 | Home Buying and Selling
5 Helpful Tips for First-Time Homebuyers While early planning is essential in any homebuying process, first-time homebuyers can set themselves up for homeownership success by considering the following tips. 1. Know your credit score and work to improve it. Knowing...
by Nick Irmo | Oct 17, 2022 | Preparing to Purchase a Home
How Credit Scores Affect Qualifying for a Home Loan What is credit? The credit scoring system was originally designed in the 1950s to help lenders determine how well consumers could pay back borrowed money. While there have been many updates to how this system is...
by Nick Irmo | Oct 17, 2022 | Preparing to Purchase a Home
Top 5 Negative Credit Factors Credit score refers to the three-digit number that represents how well you handle money. Credit scores are calculated through data records that come from previous statements, monetary amounts owed, length of one’s credit history, new...
