When you are buying a home or getting set to refinance your current home loan, you may be faced with different mortgage loan decisions. One could be whether to get a fixed-rate mortgage or an adjustable-rate mortgage (ARM). The Differences First, you should understand the differences. A fixed-rate mortgage will Continue Reading →
When you are buying a home, there are a lot of things you need to keep in mind. This is especially true when it comes to managing your financial situation. Mortgage lenders will look at everything related to your finances to determine if you qualify for a loan, so there Continue Reading →
Erika Peña recently joined the Transparent Mortgage team as a Pre-Approval Specialist. Her role is vital to the process because she gathers and reviews loan applications and information from clients to help determine if they pre-qualify for a mortgage loan. The Pre-Approval Process Upon receiving a new loan application, Erika Continue Reading →
The year is quickly coming to an end. Before long, we will be wrapped up in the holiday season and ready to ring in 2018. If you are thinking about buying a home next year, there is no better time than now to start planning. There are several personal finance Continue Reading →
Two things are going to happen this month that will ultimately make it easier for a lot of people to get mortgage loans. The two major policy changes are technically unrelated, but both are expected to help borrowers who currently might not qualify. Of course, there is always the nuances Continue Reading →
