Everything you Must Know About Closing Costs

Everything you Must Know About Closing Costs

Closing costs are fees lenders charge to process your loan. They are separate from your down payment and are important to understand since they affect how much money you need to close on your loan. What are Closing Costs? Lenders charge closing costs to cover the cost...
What is Private Mortgage Insurance (PMI)?

What is Private Mortgage Insurance (PMI)?

If you put down less than 20% on your home, you may be required to pay Private Mortgage Insurance (PMI). Many people misunderstand how the insurance works and why they must pay it. In reality, it’s a helpful way to get a mortgage even when you don’t have 20% to put...
Celebrating the American Gift this Veteran’s Day

Celebrating the American Gift this Veteran’s Day

November 11th marks the anniversary of the end of “The War to End All Wars”, and it serves as a reminder that liberty and freedom don’t come free — they require valor, sacrifice and vigilance. The men and women who have fought and continue to fight for our freedom...
What is a Mortgage Underwriter?

What is a Mortgage Underwriter?

A mortgage underwriter has the fate of your mortgage in his/her hands. It sounds overwhelming, but their job is simply to make sure you can afford the loan and that it’s a good investment for both you and the lender. Underwriters aren’t anything to fear – if anything,...
Leadership Priorities in Q4

Leadership Priorities in Q4

As we’re barreling through Quarter 4, reevaluating and reflecting on our goals, checking in with staff and decision-makers, striving to end the year strong, and making plans for where we’re going in Q1 next year, it’s also important to look back at...