homebuyer

Things to Remember
Things to Remember 1024 536 Vellum Mortgage

  The are many factors that can change your ability to qualify for a mortgage. It’s important to follow these guidelines until your loan is closed. Do Pay all your monthly bills on time Keep track of all your bank deposits and statements Find and…

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13 Mortgage Questions to Ask
13 Mortgage Questions to Ask 1024 536 Vellum Mortgage

Having a list of mortgage questions to ask potential lenders is just the start. Knowing the answers you’re looking for puts you ahead of the game. Which type of mortgage is best for me? This question will help you know if you’re talking to just a…

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Moving Checklist & Planner
Moving Checklist & Planner 1024 536 Vellum Mortgage

Let’s face it, moving is stressful. Moving all your belongings from one place to another is hard, and so is relocating your life in general. But, let’s not forget that moving to a new place is an exciting time! We scoured the internet looking for…

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Pre-Qualification vs. Pre-approval
Pre-Qualification vs. Pre-approval 1024 536 Vellum Mortgage

Two often confused terms in the home buying process are a mortgage loan pre-qualification and a home loan pre-approval. Here’s what you really need to know about each one. Pre-Qualification A mortgage pre-qualification is simply an estimate of how much home you can afford and…

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7 Reasons You Need a Real Estate Agent
7 Reasons You Need a Real Estate Agent
7 Reasons You Need a Real Estate Agent 1024 536 Vellum Mortgage

The road to homeownership can be bumpy, and it’s often filled with unexpected turns and detours. That’s why it makes sense to have a real estate pro help guide the way. While real estate websites and mobile apps can help you identify houses you may…

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5 Reasons to Buy a Home This Fall
5 Reasons to Buy a Home This Fall 1024 536 Vellum Mortgage

Real estate markets ebb and flow just like the seasons. The spring market starts hopping when the sun comes out, flowers bloom and winter is over. Conversely, fall signals the beginning of a slower market, which could be good for buyers. If you’re in the…

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Why was I countered?
Why was I countered? 1024 536 Vellum Mortgage

As a homebuyer, if you make an offer below list price, the seller may choose to reject, accept or simply let the offer expire. If there are multiple offers, the listing agent will lay out the options for their client and then notify all buyers’…

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Why Use a Local Mortgage Lender?
Why Use a Local Mortgage Lender? 1024 536 Vellum Mortgage

Real estate agents who would represent you as a buyer do care which lender you use. They’ll often suggest that you use a local lender who’s experienced with your area’s nuances, such as local taxation rules, settlement procedures and appraisal methodologies. These areas are all…

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Thinking About Buying a Home?
Thinking About Buying a Home? 1024 536 Vellum Mortgage

One of the first steps in the homebuying process is fully understanding your finances. Here is a checklist to help you prepare. Avoid making changes to your financial story that could hurt you ability to qualify for your home loan. Do Make and stick to…

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Why was I countered?
Why was I countered? 1024 536 Vellum Mortgage

As a homebuyer, if you make an offer below list price, the seller may choose to reject, accept or simply let the offer expire. If there are multiple offers, the listing agent will lay out the options for their client and then notify all buyers’…

read more