Loan Road Map: Stop #7 Homeowners Insurance Homeowners insurance helps you protect the biggest financial purchase of your life! Here are a few reasons why it’s important: It might be necessary. Before closing on your new home, we require you provide proof that your house is insured. It provides protection for more than … Continue reading Loan Road Map: Stop #7 Homeowners Insurance
Loan Road Map: Stop #6 Appraisal and Title An appraisal decides the value of the property that you are purchasing. This is important because it decides how much money a bank is willing to lend you for the property you want to purchase. An appraisal starts with an inspection of the inside and outside of … Continue reading Loan Road Map: Stop #6 Appraisal and Title
Loan Road Map: Stop #5 Applications and Disclosures A mortgage application helps the lender decide how much money to lend the borrower. Here’s a breakdown of what’s included on the forms: Type of mortgage and terms. This section describes the loan, loan program and the terms to the loan. Property information and purpose of the … Continue reading Loan Road Map: Stop #5 Applications and Disclosures
New Doctor Loans Program! We are excited to announce our new Doctor Loans program! It is no secret that doctors take on a lot of student loan debt to pay for medical school. If you are one of these everyday superheroes, you may be experiencing difficulty achieving your dream of homeownership as a result. Have … Continue reading Announcing New Doctor Loans Program!