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Expert advice, market updates, home tips.…it’s all right here! Check back often.

What Are Construction and Renovation Loans?
What Are Construction and Renovation Loans?

When most people think about mortgage loans, they think of the standard, long-term financial commitment to purchase a home. But did you know there are mortgages available specifically for building or renovating a home too? Keep reading to learn exactly how you can benefit from a construction or renovation loan. Construction Loans Construction loans are […]

September 08, 2021
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Using a Mortgage Calculator to Understand Your Home Loan Options
Using a Mortgage Calculator to Understand Your Home Loan Options

When considering buying a home or refinancing your current mortgage, it can be hard to know where to start and how to tell what the right decision is. While talking to a mortgage lender is always going to be your best bet for truly figuring out how much your home loan may be or if […]

September 01, 2021
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5 Common Home Buying Mistakes
5 Common Home Buying Mistakes

Whether you’re a first-time home buyer or seasoned house hunter, there are some commonly made mistakes you should know to avoid. Not Determining How Much House You Can Afford You should know how much your budget is before you start looking for houses. This will help you avoid wasting time looking at homes outside your […]

August 11, 2021
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What Is Mortgage Insurance?
What Is Mortgage Insurance?

Mortgage insurance protects the lender in the event the borrower defaults on the loan. Defaults include failure to make payments because of death, medical bills and job loss. Mortgage insurance can be provided by a private mortgage insurance company (PMI) or by a government agency such as FHA or VA. How can I benefit from […]

August 04, 2021
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What is eClosing?
What is eClosing?

As our world relies more and more on technology, there has been a shift in the mortgage world that has seen facets of the lending process go virtual, at least in part. This has especially been the case in the wake of COVID-19 where people are less likely to meet in person to conduct business. […]

June 17, 2021
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Pre-Qualification vs. Pre-Approval
Pre-Qualification vs. Pre-Approval

You’ve heard the terms pre-qualification and pre-approval, but what do they mean? They are the same thing, right? Not quite! The terms have been used interchangeably, but their true definitions differ. We’re going to break it down and explain the difference between the two. Pre-qualification The very first step to take if you are ready […]

June 09, 2021
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Steps on the journey to purchasing your dream home!
Steps on the journey to purchasing your dream home!

Get Pre-Qualified Complete a loan pre-qualification – Contact one of our loan officers to get started! Submit basic documentation – This can include pay stubs, bank statements, credit reports, and statements for any other debts or loans you might have. Your loan officer will let you know exactly what they need! Discuss what you can […]

June 04, 2021
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How to Make a Competitive Offer on a Home
How to Make a Competitive Offer on a Home

In order to land the home of your dreams, it’s important you understand how to make a viable offer. This is especially important in a competitive market like the seller’s market we are currently in. Here are some tips for making a competitive offer on a home. Get Pre-Qualified Getting pre-qualified is one of the […]

May 26, 2021
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Buying a Home with Student Debt
Buying a Home with Student Debt

With graduations upon us, graduates past and present are reminded of the price of their education. According to the U.S. Federal reserve, in 2021 44.7 million Americans have student loan debt and in Maryland the average balance is $36,689. Many potential homebuyers think with a mound of student debt it will be nearly impossible to […]

May 19, 2021
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Buying a Home in a Seller’s Market
Buying a Home in a Seller’s Market

We are in the midst of a booming seller’s market. In real estate, a seller’s market occurs when the demand for homes is greater than the supply. This is the inverse of what happens in a buyer’s market, which is when there is plenty of supply but not as much demand for houses. As the […]

May 07, 2021
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10 Obstacles to Avoid when Closing on Your Home Loan
10 Obstacles to Avoid when Closing on Your Home Loan

It takes some time to close even the most straightforward of home loans. These tips offer insight for avoiding pitfalls in between application and closing, so you can help make your loan process as quick and easy as possible! 1. Buying Large Items Avoid buying things like cars, boats, or other high-end items. Purchases like […]

April 28, 2021
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