Are you thinking about buying your first house? It can definitely be intimidating and overwhelming as you navigate to find the perfect house and figuring out how to  finance your dream home. Determining the perfect loan is difficult enough, but navigating rates, fees, and loan types can be absolutely perplexing. We recommend that you give…

What is the difference between preapproval and prequalification when it comes to a mortgage? It’s rather easy to get the two confused, and many people do just that. They sound interchangeable and their names are easy to get confused. The reality is that the two terms are very different and mean different things. What is…

With mortgage rates remaining near record lows and more mortgages being financed than ever, now is a truly unique time to purchase a home. Mortgage rates are pushing downwards and rental rates are trending upwards. It makes more sense than ever to seriously consider home ownership. And while it remains a seller’s market, it does…

If you have recently closed on your home, then congratulations are in order! Ideally, you were pre-approved for a mortgage loan, invested the time to find the right house, made it through negotiations, then cleared underwriting, inspections and more. With this life achievement unlocked, it’s time to celebrate and then look forward to the next…

Simply stated, mortgage brokers make the mortgage process easier. Selecting the right lender for your mortgage can seem pretty simple, but there are a few things you should know about the process. While lenders may advertise great rates and easy processes, each lender has their preferred practices that can subtly shape the mortgage process in…

Does the thought of buying a home and going through the mortgage process give you a sinking feeling in your gut? Don’t fret, the good news is that the mortgage process is not quite as scary as you might think. While everyone has heard the horror stories, Mortgage Brokers like Range Lending work to help…

The trend for interest rates from 2020 to 2021 has been largely the same, with rates remaining quite low when compared to historical averages. The $64,000 question seems to be for how long will this trend endure? The answers to this question helps potential homebuyers or homeowners look at the pros and cons of either…

At first glance, knowing the difference between a fixed-rate mortgage and an adjustable-rate mortgage seems rather straightforward. Understanding the difference between the two types of loan rates will help you make the best choice for your mortgage. And your choice may not be quite as simple as you think, depending upon your financial situation. The…

When searching for the perfect home, using a mortgage calculator enables you to estimate, based on your circumstances, your monthly payment. While there is a lot more to calculate into a mortgage than even most calculators take into account, it is a great tool to provide a ballpark figure to give you an idea of…

When buying a home, time is of the essence in the current real estate market. The home-buying process is not exactly the most clear process, either, for those who don’t eat, sleep and breathe mortgages. Sometimes not knowing the full process or the next steps to take can cause you to lose valuable time, chase…