You’re tired of renting. You want to settle down and plant some roots. You need a bigger backyard for your furry friends. All are excellent reasons for wanting to buy a home. But do all these reasons mean it’s the right time to buy?
Ready to apply for a mortgage and start looking for your dream home? Let’s make sure you’ve navigated the first steps: understanding mortgage rates, learning the loan types, and reviewing the steps in the loan process.
What happens after pre-approval? Words like underwriting, insurance premiums, and closing begin to pop up in conversation, and you might be wondering what all these terms mean. We’ll walk through them step by step.