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Buyer Resources

What is PMI?

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What is Private Mortgage Insurance (PMI)? If you are not putting 20% down on your purchase, PMI will be a factor to consider when calculating your monthly housing budget. PMI is insurance that protects against losses in the rare case that a borrower is not able to repay the loan and the lender is not […]

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Why Mortgage Pre-Approval is Important

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What is mortgage pre-approval and why is it important? This is a popular question. The short answer is that pre-approval puts you on the right path to buying your home. Knowing your financial situation and strengths before you go house hunting and make offers will help set you up for success. Below are a few […]

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