Pre-qualification

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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Thinking About Buying a Home - Here is a checklist.
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 your ability to qualify for your home loan. Do Make and stick to…

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Before You Make An Offer
Before You Make An Offer, Here Are 4 Tips For Success!
Before You Make An Offer, Here Are 4 Tips For Success! 1024 683 Vellum Mortgage

With these four tips in mind you will be better prepared to make a successful offer. Understand How Much You Can Afford While it’s not nearly as fun as house hunting, fully understanding your finances is critical in making an offer. This ‘tip’ or ‘step’…

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