Applying for a mortgage can be an overwhelming process. There are so many forms, documents, and things you need to know, so that you can prepare for completing your mortgage application and get approved. Not all things pertain to everyone, verifying income from your own business for example. But understanding the “why’s” and the “how’s” can make the entire process much less confusing. Our mortgage guide articles will help you navigate the home buying process and give you the confidence to make the right purchase for you and your family.

  • hands writing a letter

Down Payment Gift Letter

If you are buying a house and someone is planning on gifting you funds for your down payment you will need to give a letter to the bank explaining the who, what, where, and why of the gift funds. Below is a sample letter that you may use to share with your lender. Some banks [...]

  • get pre-approved written on paper

Pre-Approved Mortgages vs. Pre-Qualified Mortgages

Before you start shopping around for a home, it's a good idea to receive a pre-approved mortgage from a lender. This lets you know how much money you can borrow when you decide to purchase a home. However, as you prepare to borrow to buy, you need to make sure you aren't confusing pre-qualification and [...]

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