Did you know that there is a BIG difference between Pre-Qualified and Pre-Approved? A pre-approval can be CRITICAL in winning the offer in a multiple-bid situation. In this fast-paced housing market, if you like a house, chances are others do too. There are several things buyers can do to improve their chances of having their offer accepted by a seller such as: working with a professional Continue Reading about DID YOU KNOW WHAT THE DIFFERENCE IS BETWEEN PRE-QUALIFIED AND PRE-APPROVED
buying a home
Senior Mortgage Consultant Kerrie Lambert with Movement Mortgage in Charlotte, NC recently shared with me a rent versus own comparison chart. The chart above uses the assumption of renting a home for approx. $2,200 a month versus purchasing the home for approx. $300,000. Based on a 30 year fixed rate loan ( and other loan factors indicated Kerrie's chart) , your monthly loan payment would be Continue Reading about Rent vs Own A Home Compare
How hard is it to get a mortgage in the current economy? I am constantly confronted with wildly different views on what getting mortgage is really like today.? To hear some people talk one would think getting a mortgage is nearly impossible, and yet others make it seem easier than ever.? I find that typically the truth lies somewhere in the middle. As a mortgage lender I can tell you without Continue Reading about How Hard is Getting a Mortgage Loan Today?