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Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

by lizlaurenb | Sep 27, 2023 | Home Mortgage Tips

Buying a home is one of the largest investments you will make in your life, and that’s why so many people have longer mortgage amortization periods to pay down the principal. While it may seem appealing to have a longer amortization period, here’s why an...

Looking to Pay Back Your Mortgage Faster? Three Reasons to Consider Switching to Bi-weekly Payments

by lizlaurenb | Sep 20, 2023 | Home Mortgage Tips

While there are differing schools of thought when it comes to whether or not a person should pay off a mortgage before the loan term ends, there may be some benefits to making payments on a bi-weekly basis as opposed to monthly basis. What are some of the reasons why...

Understanding the Differences Between ‘Prequalified’ And ‘Preapproved’ For a Mortgage

by lizlaurenb | Sep 15, 2023 | Home Mortgage Tips

Are you in the market for a new home? If you are going to rely on mortgage financing to cover some of the purchase cost, you will need to start the application process as soon as possible. However, what if you just need to know how much you will be able to borrow so...

Legal Documents You Need When Buying a House

by lizlaurenb | Jun 20, 2023 | Home Mortgage Tips

Buying a house can be an exciting but complex process that involves many legal requirements. You will need to provide several documents to your lender and the seller. The specific documents required may vary depending on the lender and the type of loan you are...

3 Things That Will Absolutely Kill Your Chances for a Mortgage Approval

by lizlaurenb | Mar 24, 2023 | Home Mortgage Tips

If you’re about to seek approval for a mortgage, you’ll want to ensure you have a solid credit score and clean financial records to boost your likelihood of being approved. There are certain characteristics that lenders want to see in a mortgage applicant...

Understanding Mortgage Pre-Approvals and How to Avoid Being Declined for One

by lizlaurenb | Mar 21, 2023 | Home Mortgage Tips

The mortgage process is a long and complicated one, with a number of similar-sounding terms that can easily confuse first-time homebuyers. A pre-approval is not the same thing as a pre-qualification, and it’s important to understand everything that goes into a...
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International Bankers Group | NMLS# 339877

Mortgage Loan Originator License #MLO-347870

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