5 Key Steps in the Mortgage Underwriting Process

by | Sep 11, 2025 | Mortgage

Buying a home can be exciting, but it can also feel overwhelming. Understanding the mortgage underwriting process can make things a lot smoother!  What is Underwriting?Underwriting is when lenders review your financial information to determine if you qualify for...

The Pros and Cons of Mortgage Assumptions

by | Aug 15, 2025 | Mortgage Tips

When purchasing a home, buyers typically assume a new mortgage loan. However, in some situations, a buyer may opt to assume the seller’s existing mortgage. Known as a mortgage assumption, this process allows the buyer to take over the terms and payments of the...

The Impact of Bankruptcy on Mortgage Eligibility

by | Aug 14, 2025 | Mortgage Tips

Going through bankruptcy can be a challenging and stressful process. However, it s important to understand how bankruptcy may affect your ability to secure a mortgage in the future. Bankruptcy, whether Chapter 7 or Chapter 13, can significantly impact your credit...

The Benefits of Paying Points on Your Mortgage

by | Aug 13, 2025 | Mortgage Tips

The Benefits of Paying Points on Your MortgageWhen you take out a mortgage, you may be given the option to pay points in exchange for a lower interest rate. A mortgage point, also known as a discount point, is equal to 1% of the loan amount. For example, if you re...