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Recent Articles

Dec
18
2019
Mortgage Pre-Qualification: Pros & Cons
In this article series, we’ve already discussed getting pre-approved for a home purchase mortgage: a process which involves gathering definitive proof of income (W2s, 10-40s, pay stubs, etc.), credit / FICO score info, and employment verification for the purposes of...
Dec
17
2019
Rate-Lock Strategies: Explained!
The strategy of trying to “time rates” and when to lock is similar to the strategy of trying to time the price of a stock. Some of the smartest people in the world have a hard time consistently judging a stock’s price, and the same is true for interest rates. In stocks,...
Dec
05
2019
Loan Level Price Adjustments: Explained!
While researching mortgages - or maybe reading an article here on determining interest rates - you may have come across a term called “LLPAs”, or “loan level price adjustments”. These are adjustments based on your credit profile to the interest rate that you...
Nov
21
2019
Getting Pre-Approved for a Home Purchase Mortgage
  While shopping for a home can be exciting, you’ll want to make sure you’ve sat in with a loan officer before meeting with a realtor. This way, you’ll have a chance to discuss budgeting, purchase options, credit worthiness, and any other issues prior to home...
Nov
07
2019
What Determines Your Interest Rate?
When shopping around for either a first home mortgage, or more likely a refinance in today’s low-rate market, it’s important to understand how your interest rate is determined. You’ll want to be able to consider all financial factors before committing to the...
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