Blog
How Do Lenders Decide The Maximum Loan Amount That Buyers Can Afford?
http://bucket.wistia.com/medias/fwz6celo9o?embedType=async&videoFoam=true&videoWidth=640 As you’ll see in the video, the lenders consider your debt-to-income ratio, which is a comparison of your gross (pre-tax) income to housing and non-housing expenses....
How Are Pre-Qualifying And Pre-Approval Different?
http://bucket.wistia.com/medias/r1mfmeudg3?embedType=async&videoFoam=true&videoWidth=640 Watch this video and it’ll make sense. Pre-qualification is an informal way to see how much you maybe able to borrow. You can be 'pre-qualified' over the phone with no...
How Do I Begin The Process Of Buying A Home?
http://bucket.wistia.com/medias/hcopb5voq1?embedType=async&videoFoam=true&videoWidth=640 Remember these pointers from the video: start by thinking about your situation. Are you ready to buy a home? How much can you afford in a monthly mortgage payment? How...
What Is PMI?
http://bucket.wistia.com/medias/0245bmugfs?embedType=async&videoFoam=true&videoWidth=640 This video tells you about it all. PMI stands for Private Mortgage Insurance or Insurer. These are privately-owned companies that provide mortgage insurance. They offer...
What Is A Loan Estimate And How Does It Help Me?
http://bucket.wistia.com/medias/dheaz0a0to?embedType=async&videoFoam=true&videoWidth=640 A loan estimate lists your loan terms projected payments, costs at closing measures for comparison, including Annual Percentage Rate and Total Interest Percentage and...
What Are 203(B) And 203(K) Loans?
http://bucket.wistia.com/medias/ojpkgcgyff?embedType=async&videoFoam=true&videoWidth=640 The video puts this in more visual terms, but 203(b) is the most commonly used FHA program. It offers a low down payment, flexible qualifying guidelines limited lender's...
What Is The Best Way To Compare Loan Terms Between Lenders?
http://bucket.wistia.com/medias/jczt6konu8?embedType=async&videoFoam=true&videoWidth=640 Watch this video and take a few notes! First, devise a checklist for the information from each lending institution. You should include: the company's name and basic...
How Do I Make A Home Ready To Sell?
http://bucket.wistia.com/medias/ov1co1fidk?embedType=async&videoFoam=true&videoWidth=640 As we show you in this video, start several months before the property is made available. Look through the eyes of a buyer What needs to be cleaned? Repainted? Repaired?...
How Do I Set The Price On My House?
http://bucket.wistia.com/medias/5mspeelq77?embedType=async&videoFoam=true&videoWidth=640 While this video simplifies things to help you remember: your aim is to get the best price AND terms in your market during the period you’re selling. Market conditions...
What Do I Get At Closing?
http://bucket.wistia.com/medias/nneichceqd?embedType=async&videoFoam=true&videoWidth=640 For most real estate loans, you will receive a Closing Disclosure 3 business days before loan consummation – which frequently happens at the closing meeting. At the...
