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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...

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...

How to Run a Quick Financial Health Check Before You Apply for a Mortgage

by lizlaurenb | Apr 13, 2023 | Mortgage Tips

Are you planning on using a mortgage to help cover the cost of a new home? If so, you will want to prepare your finances and figure out how you will manage all those wallet-draining monthly expenses. Let’s take a look at how to run a quick financial health check...

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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