Difference Between Discount Points and Lender Credits (Loan Origination Fees)
Homeowners should know many key mortgage terms, and two of the most important terms relate to lowering your home loan interest rate: discount points (also known as, mortgage points or prepaid... more
What Happens When a Mortgage Goes to Underwriting?
When a mortgage loan goes into underwriting, your credit and financial background are reviewed to determine whether your application can be approved This can include an assessment of your credit... more
Refinancing Isn’t Just for Your Primary Mortgage
Refinancing your mortgage can be a game-changer when it comes to managing your finances and achieving your goals Many homeowners are familiar with refinancing their initial purchase mortgage, but did... more
What Documents Do I Need When Applying For A Mortgage
One of the most common questions a loan officer receives from a homeowner is, “What documents do I need when applying for a mortgage” It’s a great question, and the answer will vary somewhat... more
When A Higher Mortgage Rate Might Make Sense
When mortgage rates increase, the last thing homeowners want to do is consider applying for a new mortgage But that could be a mistake, especially if you have equity in your home and are looking to... more
