Refinancing your mortgage can be a major life decision. There is little that can cause more anxiety and stress during the refinance process than snags and hold-ups in the process. To ensure a smooth refinance, try the following 3 steps: Setting Expectations This step starts with a good Loan Advisor setting the stage for you. … Continue reading 3 Steps to a Smooth Refinance
When the temperature starts to rise and flowers start to bloom, it is a sure sign that it’s time to start focusing on preparing your patio for another season of outdoor fun. Your patio is a great place to rest, relax and enjoy your yard. However, a patio that is decorated poorly and not properly … Continue reading Creating Your Own Patio Paradise
Often called the cornerstone of the American Dream, homeownership has always been an important milestone of adulthood. Do you have mixed feelings about buying a home right now? If you need some inspiration to start house hunting or just want to make sure you’re taking advantage of all that homeownership has to offer, check out … Continue reading Top 8 Reasons You Should Buy a Home This Year
RUM’s Schaumburg team had a group of 15 people head out to Little City. Little City is an organization based just down the road from our office that provides a safe environment for both children and adults with disabilities. They provide everything from a therapeutic day school for children with autism, to home-based support, a … Continue reading A Day of Serving at Little City
It is common for borrowers to ask “Why do I need to provide all of those documents?!” Employment and income verification are essential to applying for a loan. Exactly why lenders require so many specific forms of documentation can be confusing. Helping understand the required paperwork is part of your Loan Advisor’s profession and they need to convey its importance. Knowing … Continue reading WHAT YOU SHOULD KNOW ABOUT MORTGAGE DOCUMENTATION REQUIREMENTS
Does purchasing a home feel like an unattainable goal? Would you like to own a home, but don’t feel ready to take that step? Home ownership can be much closer than you’ve imagined if you start planning ahead now and consider the following factors: You don’t need as much of a down payment as you … Continue reading Purchasing a Home? Plan ahead – Here’s How!
Homebuyers may not realize they are hurting themselves during the mortgage application process. Here are some actions you’ll want to avoid when applying for a new home loan. Do NOT change employment. Your loan is qualified based on your current income history. A change in employment might eliminate your Loan Advisors ability to include income … Continue reading What NOT To Do When Purchasing a New Home
Tax season is upon us. For many Americans, this is a happy time as they are expecting to receive a sizable income from their tax refund. Some folks choose to use this refund to pay off debts, build up savings, go on a vacation, or simply buy themselves a new toy. You may be shocked … Continue reading Tax Returns for Down Payments
Buying a home can be a major life decision. Financially, it can be one of the biggest expenses a person encounters in their life. Deciding if and when to buy a house is a personal choice that requires serious thought and discussion. An important aspect to keep in mind is that the housing market varies … Continue reading BENEFITS OF HOMEOWNERSHIP
After service members confirm they are eligible and obtain the proper paperwork, they are closer to attaining one of the most valuable benefits available to them. VA Loans have a number of benefits including but not limited to the following: Purchase, refinance, or get cash out of your home’s equity Get lower rates and payments No money down … Continue reading BENEFITS OF A VA MORTGAGE LOAN
