Category Archives for "Mortgage Approval"

Guide To Conventional Mortgage Loans

Everything You Need To Know About The Most Popular Conventional Home LoanAlso known as conforming loans, conventional loans “conform” to a set of standards set by Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation), two agencies that help standardize mortgage lending in the U.S. two of the largest acquirers […]

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A Comprehensive Guide to FHA Mortgage Loans

One Of The Most Versatile Home Loans For Buying and Refinancing Your HomeSaving up for a large down payment on a residential home can be a financial challenge that prevents first-time homebuyers with minimal savings from ever becoming homeowners. Fortunately, government-backed Federal Housing Administration (FHA) loans can help potential homebuyers who want a home but […]

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When And Why Should You Get Pre-Approved For A Mortgage?

Should Get Pre-Approved For A Home Mortgage Loan?The answer to when you should get pre-approved for a mortgage is simple before you begin looking at houses. As mentioned above, many buyers don’t understand why this is important. Below are several reasons you will be glad you obtained a pre-approval for a mortgage before looking houses!Correct […]

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5 Reasons to be Pre-Approved for a Mortgage

Five Key Reasons to be Pre-Approved for a Mortgage Home LoanReal estate agents push their clients to get pre-qualified for a home loan all the time. In today’s tough economy and tight credit market, if you are considering the purchase of a home you should follow your agent’s advice. Getting pre-approved for a home mortgage […]

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