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Things to Remember
Things to Remember 1024 536 Vellum Mortgage

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…

Millennials Buy Homes for Their Best Friends
Millennials Buy Homes for Their Best Friends 1024 536 Vellum Mortgage

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…

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…

Mortgage - 13 Mortgage Questions to Ask
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…

Understand Your Loan Options
Understand Your Loan Options
Understand Your Loan Options 1024 536 Vellum Mortgage

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…

3 Keys to Buying a Home
3 Keys to Buying a Home 1024 536 Vellum Mortgage

Mortgage guidelines for first-time homebuyers have changed over recent years. In order to ensure loan approval, you need to have everything in order before your application. Credit Credit is very important for the first-time homebuyer.…

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…

Private Mortgage Insurance
Private Mortgage Insurance
Private Mortgage Insurance 1024 536 Vellum Mortgage

PMI, aka private mortgage insurance, is a type of mortgage insurance from private insurance companies used with conventional loans. Similar to other kinds of mortgage insurance policies, PMI protects the lender if you stop making…

Moving Checklist & Planner
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…

Why was I countered?
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…

New Mortgage Rules for the Self Employed
New Mortgage Rules For Self-Employed Borrowers
New Mortgage Rules For Self-Employed Borrowers 1024 536 Vellum Mortgage

Being your own boss comes with a lot of perks. Easier mortgage approval may not be one of them. If you’re self-employed, you must meet different requirements than a salaried person to qualify for a…

Why Use a Local Mortgage Lender
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…

Let’s Get Started Financing Your Home

You’re so close to being a homeowner or refinancing to meet your financial goals. Let’s do this!

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