How to Review a Loan Estimate

By Jason Neuffer |   Dec 10, 2024

If you’re in the process of buying a home or refinancing your mortgage, one of the most important documents you’ll encounter is the Loan Estimate. This document, provided by your lender, gives you a detailed breakdown of the costs and terms associated with your loan. Knowing how to review it can save you money and help you make a confident decision. Here’s what you need to know. Please note the loan estimate images used in this post are just an example and should not be used to estimate costs or quote a rate. Please click here to complete an application if you would like a loan estimate.

Understanding Blended Interest Rates: A Comprehensive Guide

By Jason Neuffer |   Nov 02, 2023

Interest rates play a fundamental role in the world of finance. Whether you're taking out a loan, saving money in a bank account, or investing in the stock market, interest rates have a significant impact on your financial decisions. Blended interest rates are a concept that often arises in various financial situations, and understanding them is crucial for making informed financial choices. In this blog post, we'll explore the concept of blended interest rates, how they work, and their relevance in different financial scenarios.

Helping Home Buyers with Chapter 13 Bankruptcy

By Jason Neuffer |   Aug 01, 2023

In the dynamic world of real estate, every potential home buyer's journey is unique, and as professionals, it's crucial to stay informed about various financial situations that may impact their dreams of homeownership. Today, we want to shed light on a significant misconception that many real estate agents may not be aware of - the possibility of home loan approval for buyers with a history of Chapter 13 bankruptcy.

Your Comprehensive Guide to Purchasing a New Home: Step-by-Step Process

By Jason Neuffer |   Jul 07, 2023

Purchasing a new home is an exciting milestone, but the process can sometimes feel overwhelming. To help you navigate this journey with confidence, we have prepared a step-by-step guide outlining the essential stages involved in buying a new home. By following these steps, you can streamline your search, make informed decisions, and ensure a successful home buying experience.

Overcoming Bankruptcy: Your Path to Homeownership Starts Here

By Jason Neuffer |   Jun 13, 2023

Life can be unpredictable, and sometimes we face financial challenges that result in bankruptcy. But here's the good news: your past does not define your future, especially when it comes to achieving the dream of owning a home. In this blog post, we'll explore the options available to you and how you can navigate the path to homeownership, even after bankruptcy. Let's dive in!

Navigating Rate Volatility: The Step-by-Step Approach to Cash-Out Refinancing for Financial Security

By Paul Blaylock |   May 17, 2023

In today's economic climate, many households are grappling with epic amounts of consumer debt, with the average exceeding 23%. Secured debts like auto loans have pushed the debt burden even further, surpassing 10%. Inflation and stagnant incomes have fueled the use of credit, causing savings to dwindle and household balance sheets to evaporate. While record levels of home equity offer some hope, property values are tapering off. In the midst of these challenges, credit scores remain intact, but borrowers must be cautious. 

Mortgage Planning During Divorce

By Angela Medlar |   May 01, 2023

Divorce can be a difficult, expensive and emotional time for everyone involved. If you and your spouse own a home together and have a mortgage, it can add an additional layer of complexity to the process. Here are some tips on how to handle your mortgage during a divorce.

February Mortgage Rates on the Downslope by End of Month

By Holden Lewis |   Jan 31, 2023

Mortgage rates could decline in February as the Federal Reserve writes the next chapters of its inflation-busting campaign.

The 30-year fixed-rate mortgage hit it's January peak in the first week of the year and fell thereafter. It's too early to conclude that the 30-year mortgage has already reached its 2023 zenith, but it's quite possible.

The housing market wakes from the dead

By Emily Peck |   Jan 30, 2023

The housing market is showing signs of life after veering into a dead zone late last year.

Why it matters: These green shoots are a good sign for the economy overall, and run counter to some of the dire predictions made last fall when mortgage rates were skyrocketing.

What's happening: Home buyers are making peace with higher mortgage rates, and sellers are making peace with the need to cut prices and make concessions.

Weekly mortgage demand jumps 7% as interest rates drop to lowest level since September

By Diana Olick |   Jan 25, 2023

Mortgage interest rates fell for the third straight week, while mortgage demand also rose again.

Total application volume increased 7% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.