Tag Archives: mortgage

Offer Accepted, Time for an Appraisal

By: Chad Miller, AVP – Mortgage Lending Your offer was just accepted on a home you’re purchasing, and chances are, you’ll need an appraisal to secure your mortgage loan. You might be wondering why your lender requires this expensive report.   To determine the true value of a home, lenders are required to order a third […]

6 Things to Avoid After You’ve Been Approved for a Mortgage

By: Barry Wood – Mortgage Banking Officer   In the current low interest rate environment, there has been a national surge of home purchases and refinances. Statistics show that the rate of mortgage approvals has gone up since the beginning of the year, so it’s actually becoming easier to get a mortgage.   If you’re […]

Buying vs. Renting – When is it time to take the plunge into homeownership?

  By: Drew Bodway – Assistant VP Mortgage Lending   You’ve graduated from college, landed a job and have really grown to like where you live. You think you might like to settle down here, but can’t imagine trying to take on a mortgage payment right now.   The truth of the matter is that […]