Two Key Mortgage Documents You Must Understand

The level of disclosure that needs to be provided to borrowers on or soon after a mortgage application is higher than it has ever been. This is for your protection, and it’s in your best interest to understand your lender’s paperwork, particularly two key documents: the Good Faith Estimate (GFE) and the Annual Percentage Rate … Continue reading Two Key Mortgage Documents You Must Understand

Why It’s Important to Get Pre-Approved for a Loan

Get Pre-Approved First of all, let’s make an important clarification. Pre-qualifications are not the same as pre-approvals. Pre-qualifications will give you an idea of what kind of loan you may qualify for and can typically be completed in minutes. This informal estimate may be just fine for those in the very early stages of the … Continue reading Why It’s Important to Get Pre-Approved for a Loan