A Mortgage Denial is a Disaster

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How do you handle a mortgage denial?  What happens next?  Do I get my deposit back?  Why did this happen? Mortgages are denied for a variety of reasons.  Is this a common occurrence for home buyers?  Not at all. There are exceptions.  For example, a buyer lost their job.  You can’t get a mortgage if you have no income.  This is a rare occurrence because home buyers commit to a…

Mortgage Rates Today Won’t Matter Tomorrow

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Mortgage rates today won’t matter tomorrow.  This is very important to understand so let’s look at it carefully. Do you know the #1 mistake home buyers make when it comes to a mortgage?  They shop for rates.  This is a colossal mistake and often costs home buyers thousands of dollars.  It can also cost you heartache when you choose a banker who can’t close on time or makes the process…