Close
Enter your
text here

First Time Homebuyer

Grants & Down Payment Assistance Programs
 Grants & Down Payment Assistance Programs 1024 536 Vellum Mortgage
By:
0

A 2017 Zillow survey of 10,000 American adults found that two-in-three people who were then renting identified saving for a down payment as their biggest obstacle to homeownership. If you want to become a homeowner, but you don’t have enough cash for a down payment,…

read more
article_notreadystilltalktolender
Not Ready to Buy a Home? You Should Still Talk to a Lender.
 Not Ready to Buy a Home? You Should Still Talk to a Lender. 1024 536 Vellum Mortgage
By:
2

If you’re a first-time home buyer, you might think you’re not ready to purchase a house. Perhaps you’re concerned about your job situation, your previous credit history, or your high monthly expenses. Whatever the circumstances, every borrower and financial situation is unique. Unless you’re a…

read more
Things to Remember
 Things to Remember 1024 536 Vellum Mortgage
By:
0

There 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 organize…

read more
Millennials Buy Homes for Their Best Friends
 Millennials Buy Homes for Their Best Friends 1024 536 Vellum Mortgage
By:
1

One–third of Millennials had their best friends at heart — dogs, that is — when deciding to buy their first homes. According to an online survey conducted by Harris Poll, only wanting a bigger home and to build equity rather than pay rent to someone…

read more
Understand Your Loan Options
Understand Your Loan Options
 Understand Your Loan Options 1024 536 Vellum Mortgage
By:
0

Not all home loans are the same. Three key choices are the loan term, or length of the loan, the interest rate type and the loan type. Knowing what kind of loan is most appropriate for your situation prepares you for speaking to lenders. A…

read more
Pre-Qualification vs. Pre-approval
 Pre-Qualification vs. Pre-approval 1024 536 Vellum Mortgage
By:
0

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…

read more