Mortgage Updates
Simplify your mortgage by optimizing your income, assets, and credit
When to get a mortgage pre-approval
Buying a home is a significant investment, and before embarking on your search, securing a mortgage pre-approval is crucial. This step provides clarity on your borrowing capacity and potential loan options. This will help streamline your property search. However,...
What is an escrow account in a mortgage?
Purchasing a home is a significant financial decision, and most homeowners rely on a mortgage to fulfill their dream. However, the mortgage process can be complex, filled with unfamiliar terms and concepts. One such term is an escrow account. If you are a first-time...
How to Choose the Best Down Payment for My Mortgage
Buying a home is a significant milestone in anyone's life, and it often involves obtaining a mortgage to finance the purchase. One of the critical decisions you'll need to make is the down payment amount. Your down payment can have a substantial impact on your...
Can I get a mortgage if I’m self-employed?
Being self-employed comes with several advantages that many individuals find appealing. However, for those considering homeownership, there may be some concerns regarding mortgage eligibility. Rest assured, it is indeed possible for self-employed borrowers to secure a...
What are my mortgage down payment options?
When it comes to purchasing a home, one of the most important aspects to consider is the down payment. Unless you have the ability to pay for a house in cash, a mortgage and down payment will be necessary. But what are your options when it comes to making a down...
How do I improve my credit score?
Your credit score is a critical factor that lenders use to determine your creditworthiness and assess your risk level as a borrower. Whether you're looking to apply for a mortgage, car loan, or credit card, having a good credit score is crucial for obtaining favorable...
What is Mortgage Insurance?
Purchasing a home is often considered one of life's biggest investments. However, not everyone can afford to pay the full purchase price upfront. To bridge this financial gap, most individuals rely on mortgages, which are loans offered by financial institutions for...
What is a pre-approval for a mortgage?
Obtaining a mortgage is a significant step towards owning a home. However, understanding mortgage terminologies and processes can be overwhelming, especially for first-time buyers. One of the crucial steps in the mortgage journey is getting a mortgage pre-approval. In...
Unlocking the Secrets of a Mortgage Refinance
For many homeowners, a mortgage is one of the biggest financial commitments they will make in their lifetime. As the years go by, circumstances change, and it's natural to wonder if there's a way to optimize that commitment. That's where a mortgage refinance comes...
The Student Loans Pause is Over. Now What?
On March 25, 2020, the U.S. Congress passed a landmark legislation known as the CARES Act, which was subsequently signed into law on March 27, 2020. This pivotal act allocated a staggering $2.2 trillion in economic relief to counter the dire effects of the COVID-19...
How do mortgages work
For many individuals, owning a home is a lifelong dream. However, the thought of navigating the complex world of mortgages can be overwhelming. Understanding how mortgages work is crucial to making informed decisions and achieving your homeownership goals. In this...
Why you should work with a local mortgage broker in Nebraska
When it comes to purchasing a home in Nebraska, choosing the right mortgage lender is a crucial decision. While big banks and nationwide lenders may seem like attractive options due to their advertised low prices, working with a local, independent mortgage broker can...