Most people that begin the homebuying process don’t have much experience when it comes to securing a mortgage loan, and they lean on the lender to make sure they’re getting all the information they need. While most lenders will provide you with everything you need, not everyone will ask the questions that will help you…
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There are a lot of myths out there in the mortgage world, and today we’re going to debunk the five most common ones. While some of this information might’ve been true at one point in time, it is important to stay updated on how this information has changed as you navigate the home-buying process. In…
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Everyone wants to have a smooth closing day without any hiccups, but a lot of what could go wrong is in your control. In this episode, we’re going to give you nine tips to ensure that you have a loan closing that goes as expected without any surprises. Before we do that, we want to…
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As the market begins to pick back up, people are starting to think more about homebuying. As you get started, one of the best things you can do is get pre-approved to understand how much house you can afford and give your seller confidence when the offer comes in. But what does that process look…
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Many people weigh the decision of whether they should buy a home or continue renting, but there are some great benefits to homeownership that will allow you to build wealth over time. In this episode of the Smart Mortgage Show, Bill will share some of the numbers that show how wealth can grow through ownership…
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2022 has been a volatile year. People did not expect rates to increase as much as they did, which has many wondering what 2023 has in store for us. In this episode, we will go over 2022 and how it affected the market. We will then look ahead into 2023 and contemplate what economists have…
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With mortgage interest rates at a high, there is a lot of speculation about the housing market and where interest rates are headed. We have our own analysis that we share, and we also explain the ins and outs of a 2-1 Buydown. You may be surprised to hear just who pays on a 2-1…
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With interest rates being the highest they have been in many years, Adjustable Rate Mortgages, or ARMs, are becoming more popular. There is a lot of stigma around ARMs due to the housing crash in 2008. In this episode, we are going to address some common concerns with ARMs and explain how they can be…
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Our current market has a lot of people seeking ways to save money. As the Feds work to bring inflation down, many are in anticipation of the interest rates eventually decreasing. Utilizing points has become increasingly more common and you may be wondering how effective they really are. In this episode, we will help you…
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First-time homebuyers can easily get caught off guard by the homebuying process. It can be long, exhausting, and requires a lot of documentation. To get through the process from start to finish as smoothly as possible, it is important to know what to be prepared for, what to expect from a lender, and what kind…
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