What Is A Rate Lock?

  If you are buying a home with a loan in the South Florida area you may have heard of something called a rate lock from your lender. Mortgage rates change constantly through an unpredictable combination of government policies and economic conditions. This video...

What Steps Need To Be Taken To Secure A Loan?

  Looking to secure a loan for the purchase of your South Florida property? You’ll see some pictures in this video to help you remember later, but the first step in securing a loan is to complete a loan application. To do so, you’ll need the following...

What Is An Appraisal?

  Getting a home appraised in South Florida? Every house is unique; appraisers are trained and licensed for expertise in putting a value on properties. Appraisers don’t work for the buyer or the seller;  their primary mission is actually to protect the lender...

How Are Pre-Qualifying And Pre-Approval Different?

  Watch this video and it’ll make sense. Pre-qualification is an informal way to see how much you maybe able to borrow. You can be ‘pre-qualified’ over the phone with no paperwork by telling a lender your income, your long-term debts and how large a...

What Is The Best Way To Compare Loan Terms Between Lenders?

  Watch this video and take a few notes! First, devise a checklist for the information from each lending institution. You should include: the company’s name and basic information the type of mortgage minimum down payment required interest rate and points...