How Does an FHA Loan Work
Home Buying, Mortgage, US Real Estate

What to Know About FHA Loans

By Bill Gassett | March 16, 2023
Are you trying to decide the best mortgage options for buying your first home? If so, you have probably decided now is a good time to buy a house. If qualifying for a conventional loan is difficult, and you aren't eligible for VA or USDA loans, an FHA loan could be the answer. FHA loans […]
Underwriter
Mortgage

What Is the Role of a Mortgage Underwriter

By Catherine Tims | March 13, 2023
A real estate underwriter plays a critical role in the mortgage industry by evaluating loan applications and assessing real estate investment-associated risks. They work for lending institutions, such as banks and mortgage companies. The underwriting process can be complicated if you’re considering applying for a mortgage to buy your dream home. Read this quick guide […]
What to know about credit scores
Home Buying, Mortgage, US Real Estate

Essential Things to Know About Credit Scoring

By Bill Gassett | March 4, 2023
Do you plan on buying your first house? If so, understanding your credit scores are essential. When you are applying for a loan, your credit score is all-important. FICO and VantageScore commonly use a range of 300 to 850, but what is a good credit score? Understanding what a good credit score is when you […]
Real Estate

Convenient Tips for Saving on Real Estate Costs

By Regina Gables | February 15, 2023
Real estate costs can be some of the highest you have to deal with. This means it's a good idea for you to try and make savings as far as these costs go. In doing so, you'll have more money to spend in different ways, and you can even improve your lifestyle in the process. […]
Editorial Insider, Mortgage

Mortgage Rate Roller Coaster: What’s Going on in the Real Estate Industry?

By Catherine Tims | February 15, 2023
If you’ve been watching the housing markets lately, you’ve noticed a startling trend: mortgage rates have been rising seemingly out of control over the past few months. But what, exactly, is going on? Where have these rate hikes come from, and what do they mean for the larger real estate industry in general? Here’s what […]
Choose Mortgage Lender
Home Buying, Mortgage, US Real Estate

Best Ways to Choose a Mortgage Lender

By Bill Gassett | February 7, 2023
When buying a home, one of the essential tasks is choosing a lender. With so many choices, how do you make the best selection? It can be daunting when you don't know where to start. We will discuss how to search for a lending institution you will love. Some people will search for mortgage lenders […]
Mortgage

How Rising Mortgage Interest Rates Are Influencing Home-Buying Decisions

By RealtyBiz News | January 3, 2023
Anybody who’s thinking about buying a home might be interested in knowing the average mortgage rate. As of January 2023, the average mortgage rate sits right around 6.59%. That’s more than double the rate that borrowers were getting in early 2021. With mortgage interest rates rocketing upwards, many potential home-buyers are looking for advice on what […]
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