How to Prepare for the Best First-Time Mortgage: Getting Approved With Ease

How to Get Approved for Your First Home Mortgage

Purchasing a first home is one of life’s most memorable experiences. But depending on a range of variables, that memorable experience can be either a positive one or a negative one. Luckily, there are some things you can do to help make getting approved for your mortgage a lot easier, and one of the most important is being prepared.

The home buying process is complex because there are so many moving parts involved. So, the better prepared you are, the quicker and more efficiently the process will go. You can still expect it to take anywhere from 30 to 60 days before you can close on your home, but if you are well prepared and you’re a qualified buyer, then you can have as short a waiting period as possible.

Here’s everything you need to know about getting prepared for your first mortgage application. more “How to Prepare for the Best First-Time Mortgage: Getting Approved With Ease”

Understanding the 5 Primary Types of Mortgages and Which One to Choose

The 5 Main Types of Mortgages: Which Is Best?

For most families, buying a home is one of the biggest purchases they’ll ever make. So, to say you need to have an idea of how the process works and what options are available to you is an understatement. After all, when you buy a home, you will be forced to live with your decisions, so you want to make the best choices possible for you and your family.

Making the best decision matters throughout every state of the home buying process, from choosing which home to buy to choosing what type of mortgage you want to use to finance it. It is this latter point that we will discuss here. There are five primary types of mortgages to pick from. Here’s what to expect from each in terms of their guidelines, so you can do your due diligence and choose the one that best meets your needs. more “Understanding the 5 Primary Types of Mortgages and Which One to Choose”