by Adam Smith | Jul 19, 2019 | Home Buyer Advice, Home Refinance Advice, Purchase, Refinance
Applying for a loan is notoriously full of massive amounts of paperwork. And it’s not just any paperwork, either. You’re providing the lender with your most sensitive personal information, including your social security number, bank account information, and tax...
by Adam Smith | Jun 6, 2019 | Purchase, Renter
Buying a house is expensive these days, and many people need a little help to come up with an adequate down payment. If you do, you may have heard something about an important document called a mortgage gift letter. Here’s everything you need to know if you’re being...
by Adam Smith | May 24, 2019 | Purchase
APR, or annual percentage rate, is a term you are certain to come across when you’re in the process of getting a mortgage. It’s really important to know what it means and how it affects your mortgage because it can greatly impact which loan you choose and how much you...
by Adam Smith | Apr 18, 2019 | Purchase, Renter
If you’re thinking about buying a home in the next few years, there are a few things you should know about how different types of debt can affect your credit score. Some savvy financial planning can put you lightyears ahead when you’re applying for a mortgage down the...
by Adam Smith | Mar 22, 2019 | Purchase, Renter
Closing costs can be an expensive part of buying a home. In addition to saving for your down payment, you need to save for closing costs, too. They can vary depending on where you live, but they’re generally between 2 and 5% of the total loan. On a $250,000 loan, that...
by Adam Smith | Mar 7, 2019 | Purchase
Have you known someone who has bought a multi-family unit and then lived in part of it while renting out the rest? It’s pretty cool to have someone else paying part or all of your mortgage. But getting a mortgage on a multi-family unit isn’t the same as getting a...
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