Understanding the Mortgage Process
No matter where you are in the mortgage process, we're here to help. Our team of mortgage experts is committed to providing personalized service and expert advice to help you achieve your homeownership goals. Don't hesitate to contact us with any questions you may have, we'll be happy to help you find the answers you need.
Why do we need an appraisal?
An appraisal is an assessment of the value of a property. It's typically required by a lender to ensure that the loan amount is not greater than the value of the property.
A title search was done when the house sold before, why do we need to do another?
A title search is a process of examining public records to ensure that the seller has a clear title to the property and that there are no liens or other claims against it.
Why would I use a mortgage broker?
A mortgage broker is a professional who helps borrowers find and apply for mortgages from many different lenders. They can help you find the best mortgage for your needs.
What is a mortgage rate lock?
A mortgage rate lock is a guarantee from a lender that the interest rate on your mortgage will not change for a certain period of time, typically 30-60 days.