Search results for “Pre-approval”


What is the Difference Between Pre-approval and Pre-qualification?
November 3, 2021

What is the Difference Between Pre-approval and Pre-qualification?

What is Pre-Qualification? So, you want to know how much house you can afford? A pre-qualification is the most basic way a loan officer can guestimate the loan amount you may qualify for. You provide ...


How to Buy a House in 2022
March 22, 2022

How to Buy a House in 2022

Step 1: Determine If You’re Ready to Buy a House Are you excited about buying your new home? Know that preparation is a huge step that can save you a lot of time along the way. Rounded up below are ti...


The Comeback Is Always Greater Than The Setback
June 21, 2021

The Comeback Is Always Greater Than The Setback

5 Reasons Why Your Home Purchase Offer Was Rejected To understand what could happen, or to learn more about why it may have already happened to you, let’s run through some of the common reasons why ...


7 Steps to Make an Offer on a House
September 27, 2021

7 Steps to Make an Offer on a House

1. Find Your Home Before you can make an offer on the perfect house you of course have to find it. Newrez has partnered with XOME to help you do just that. With this intuitive home search tool with ...


How Important is Credit in the Mortgage Application Process?
April 17, 2021

How Important is Credit in the Mortgage Application Process?

Your Credit History Your credit report is a representation of your last seven years of financial activity. It shows lenders how you have managed past accounts and how you are currently handling debt. ...


Buying a House is Scary, But It Doesn't Have to Be
December 17, 2021

Buying a House is Scary, But It Doesn't Have to Be

How to Handle the Anxiety of Buying a House   Remaining mindful includes expecting a few bumps in the road as well as having to interact with different personalities. This includes real estate agents,...


November 12, 2018

The Self-Employed Mortgage Access Act

The ranks of self-employed individuals are growing, leading to a greater awareness of the financial challenges facing people who are their own bosses. While companies that take advantage of "gig" hiri...


The Benefits of Using a Loan Officer for Your Mortgage
March 1, 2021

The Benefits of Using a Loan Officer for Your Mortgage

What is a Loan Officer? As James Taylor famously reminds us in his hit song written by Carole King, “Now, ain’t it good to know that you got a friend?” If you have ever experienced a complex financial...


What Not to Do Between Application and Closing
April 5, 2021

What Not to Do Between Application and Closing

Ignore Impulse Buys The days between the time you apply for a mortgage and the moment that you close the loan can be filled with adrenaline. The excitement of owning your first home or buying a new on...