Mortgage Success

Dated: 09/13/2018

Views: 418

When getting ready to buy a home, it can be surprising how much paperwork is required to be approved for a mortgage. These terms will provide you with a basic understanding of what happens between first contacting your Realtor and finally holding the keys to your new home. 

Pre-approval - In today's fast-moving seller's market, you will probably want to be pre-approved by a mortgage lender and not simply be pre-qualified. Which is quicker and easier to obtain. Sellers definitely favor offers from buyers who are already pre-approved, which puts you a step closer to obtaining your actual mortgage. 

Approval process - Once your offer is accepted and the lender starts the paperwork, both an appraisal  and an inspection of the property will be scheduled. 

Post-approval - After the mortgage receives final approval, the loan documents will be ordered and closing costs will be calculated. Whether this is your first home-buying purchase or your fourth, you'll experience the excitement of investing in your family's future. 

Latest Blog Posts

AWESOME HOME WITH TONS OF CHARACTER IN CLIFTON AREA CINCINNATI

Step into this charming home with character on the edge of Gaslight Clifton. Quiet, cul de sac, near Clifton Meadows Swim Club. Beautiful original hard wood floors and woodwork throughout.

Read More

Save Thousands In Real Estate Commissions

     The greatest investment most of us make is our home.  Unfortunately when it comes time to sell many homeowners hand over thousands of dollars in commissions that could

Read More

How To Price Your Home In A Sellers Market

It is very critical to ask the right asking price for your home. In a strong sellers market it can be tempting to overprice your property with the hopes to pocket more money. On the other

Read More