5 things to do before house hunting

Jul 07, 2016 by Feather The Nest

As a first time home buyer, house hunting for the first time is a major milestone. Although it is indeed an exciting process, it can become an overwhelming one once you begin to wrap your head around location, square footage, layout, and the most important of all, getting a mortgage. So before you get out… Keep Reading →

Can I Use Gift Funds For A Mortgage?

Apr 02, 2015 by Feather The Nest

What are gift funds? Money that friends or family give that you use for your down payment. In the process of getting a mortgage, there are steps that all underwriters take to verify the source of the funds you are giving for your down payment. Are they all coming from one account? Have you saved… Keep Reading →

Categories: Mortgage/Financing

Buying a home is a serious endeavor because you are tying yourself to a sizeable debt—a mortgage loan. A mortgage is a long-term financial commitment and a legally binding contract. In order to make the best mortgage choice you need to educate yourself to avoid “Mortgage Traps”. There are two main types of mortgages –… Keep Reading →

Categories: Mortgage/Financing