PRE-APPROVAL vs PREQUALIFICATION: A HUGE DIFFERENCE! When you initially set out to purchase a new home, the real estate agent(s) and home seller will want to know you can actually afford the home. Frankly, you should want to know too…
What NOT to do while buying a home!!! Do not: Apply for new credit cards or lines of credit. And speaking of credit, try not to increase the balance on your credit cards more than you normally would. Do not: Buy…
We will get your loan approved in as little as 15 days and ready for docs within 21 days with your timely cooperation! The amazing MortgageOne Team has gotten application to approvals in as little as 3 business days! The…
CREDIT SCORE BASICS Credit scores are required on most mortgage loans…in fact over 90% of all U.S. lenders use FICO credit scores when making lending decisions. The classic FICO credit score is produced from software developed by Fair Isaac Corporation…
Many people find it useful to have a checklist and on any good checklist these 2 items should be the first items on that list. as they are essential to getting the ball rolling on your dream of home ownership…
In our last post we talked about the pre-approval and how the twp most important items that any potential home buyer needed to focus on first was their credit and their pre-approval. Assuming all looked good in those areas, the…
In earlier posts we discussed finding the right lender and realtor. Now it is time to move on to the most exciting and sometimes nerve racking part of the home buying process. It is time to search for that home…
Did your offer get accepted? If so, congratulations!!! One of the first major items in the escrow process is the home inspection. Hopefully you took some time for yourself to have a quick celebration but with the escrow clock ticking…
