A mortgage pre-qualification is an initial estimate of what type and size of mortgage a borrower could get. It is limited, though, because it's only based on what the borrower tells the lender, which might not be the same as what the lender finds out … [Continue reading]
5 Tips For Prospective Buyers To Submit A Winning Offer
In a hot real estate market, agents often tell buyers they must expect to make multiple offers before one is accepted. Disappointment may be the new normal rather than an exception. The stress of repeated rejections isn't easy, so be … [Continue reading]
Over 5 Trillion Dollars In Home Equity May Lead To More Cash Out Transactions
US homeowners now have over 5 trillion dollars in home equity which is a very large amount of money! So this year may be the year for a lot of cash out refinances and other home equity mortgage products. Most often, when you are purchasing a home, … [Continue reading]
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