When going through the mortgage approval process, one aspect you need to keep in mind is underwriting. Once you've been pre-approved for a loan your application moves from the desk of your loan officer to the mortgage underwriter who will further investigate your financial profile to make sure it matches your lender’s guidelines and loan criteria. The underwriting process plays a huge role in...
January 2020
When it comes to selling your home, it is your duty to disclose things that could be harmful to the future homeowners, such as the presence of asbestos or lead paint in the property, pest infestations, and even mold. However, there are certain facts that sellers should never slip to buyers, especially when it involves personal circumstances. And while a...
While there's certainly a huge debate on renting vs buying a home, no one could argue that it’s a major decision for many people. Some say renting is like throwing money down the drain and you’re just paying off someone else’s mortgage. Others insist that there’s no way they could give up their flexibility and be tied up in one place. If you’re finally thinking about...