Mortgage Blog

Mortgage Blog

August 13, 2018
Why Aren’t Millennials Buying Homes?

Why Aren’t Millennials Buying Homes?

Why aren’t millennials buying homes?  It’s a question without a simple answer.  For years, owning a house was the holy grail – it was what everyone…
August 10, 2018
Want to Buy a House? Start This Weekend

Want to Buy a House? Start This Weekend

First-time homebuyers need to have a blueprint.  It’s an amazing time to buy a home, with so many loan programs like FHA Loans, VA loans and…
August 8, 2018

Leaving For the Climb For the Kids 2018

This week The Home Loan Expert Climbing Team (Ryan, Jaidev, Karolina, and Lance) are leaving for Jackson Hole, Wyoming for the Climb For the Kids 2018,…
August 6, 2018
The Difference Between Offers and Purchase Agreements

The Difference Between Offers and Purchase Agreements

The difference between offers and purchase agreements is easy to explain, but often gets mixed up by first-time homebuyers and inexperienced realtors.  An offer is a…
August 3, 2018
Pay Less For Your Mortgage With a Refinance

Pay Less For Your Mortgage With a Refinance

Mortgage interest is a constant that every homeowner pays. Obviously, the lower the interest rate, the less money you’ll pay every month on a 30-year mortgage. …
August 1, 2018
PMI Isn’t An Excuse Not to Buy a Home

PMI Isn’t An Excuse Not to Buy a Home

PMI or Private Mortgage Insurance is the cost of buying a home with less than 20% down using an FHA loan.  However, it’s not an evil…
July 30, 2018
What is a Mortgage Contingency?

What is a Mortgage Contingency?

  In a home sale agreement, there are often clauses written into the contract called contingencies that can void the sale if they aren’t met.  Usually,…
July 25, 2018
How Millennials Can Buy a House

How Millennials Can Buy a House

For many millennials, buying a home seems like a far-off purchase, something that they may do in the future but can’t possibly afford now.  That’s just…
July 23, 2018
Clear to Close and How to Get There

Clear to Close and How to Get There

When you are buying a house you’re trying to get to a step called “clear to close”.  That’s where you have reached the point where you…
July 20, 2018
A Down Payment Is Closer Than You Think

A Down Payment Is Closer Than You Think

Many mortgage shoppers don’t know this, but there are a lot more ways to buy a home than saving up for a 20% down payment (or…
July 18, 2018
There are 5.8 Trillion Dollars in Tappable Equity Available

There are 5.8 Trillion Dollars in Tappable Equity Available

When we talk about “Tappable Equity”, that means the appraised value of your home, minus the 20% that you need to keep in your mortgage as…
July 13, 2018
What Is Earnest Money and How Does It Affect My Mortgage

What Is Earnest Money and How Does It Affect My Mortgage

With all of the terminology that gets thrown around during the mortgage purchase process, it can be very confusing.  Luckily, the Home Loan Expert team is…