Buying a Home in a Competitive Market: Tips for Success The Mortgage Minute Blog Post Why Buying a Home Is More Competitive Than Ever In today’s real estate market, low inventory and high demand have made home buying a competitive process. Understan
Apr 02, 2025 |
Mortgage Loan Underwriting 101What Happens After You Apply? Understanding Mortgage Underwriting and Your Closing Timeline Once you've submitted your mortgage application and gathered all your documents, what happens next? For many buyers, this part of the
Mar 26, 2025 |
Challenges for Self-Employed BorrowersSelf-employed borrowers often face more hurdles in the mortgage process compared to W-2 employees. Since their income can be irregular, and tax deductions often reduce taxable income, lenders apply additional scrutiny
Mar 19, 2025 |
Understanding Appraisals: What Homebuyers Need to Know When you're buying a home, the appraisal is a critical step in the process. But what exactly is an appraisal, and why is it important? What is an appraisal?An appraisal is an unbiased evaluation of th
Mar 11, 2025 |
Understanding Bonus and Commission Income in Mortgage Loans Navigating the mortgage loan process can be challenging, especially when your income includes components like bonuses and commissions. Whether you earn extra income for meeting sales targets or t
Mar 05, 2025 |
Using Gift Funds for Your Down Payment – Rules & Requirements How to Use Gift Funds for Your Down PaymentBuying a home is a big financial commitment, and coming up with a down payment can be one of the biggest challenges. The good news is that g
Feb 26, 2025 | Purchasing a Home VA Loans