by Mortgage Broker | Oct 14, 2025 | Uncategorized
Key Takeaways: Most people can apply for a mortgage two to four years after bankruptcy, depending on whether they filed for Chapter 7 or Chapter 13. Government-backed options like FHA and VA loans often allow you to buy sooner than conventional mortgages if you meet...
by Mortgage Broker | Oct 10, 2025 | Uncategorized
Key Takeaways: An exclusive agency listing allows you to work with one real estate agent while retaining the right to sell the home yourself. You only pay a commission if the agent finds the buyer, meaning you pay nothing if you secure the sale independently. This...
by Mortgage Broker | Oct 10, 2025 | Uncategorized
Key takeaways: Local tax collectors use the assessed value to figure out your yearly tax bill, while lenders use the appraised value to approve your mortgage or refinance loan. It is normal for the appraised value to be higher than the assessed value because tax...
by Mortgage Broker | Oct 5, 2025 | Uncategorized
Key takeaways: Hire your own team: Don’t rely solely on the builder’s sales rep. You should bring a buyer’s agent to protect your interests and hire an independent inspector to catch construction errors before you close. Negotiate the right way:...
by Mortgage Broker | Sep 22, 2025 | Uncategorized
Key takeaways: A 3-2-1 buydown is a mortgage option that lowers your interest rate for the first three years. Your rate drops by 3 percent in the first year, 2 percent in the second, and 1 percent in the third before returning to the full fixed rate. This strategy...
by Mortgage Broker | Sep 15, 2025 | Uncategorized
Key takeaways: Sale pending means the seller has accepted an offer, but the home is not officially sold yet. The deal is simply waiting on final steps like inspections and loan approval before it closes. You can often still submit a backup offer in case the original...
