Here’s what we did. We reviewed all of the questions emailed to the Home Buying Institute over the last six months. We made a list of the most common mortgage-related questions sent in by home buyers, and we answered them below. What’s the result? A must-read article for first-time home buyers!
So here they are, starting [...]

Buying a home requires plenty of homework (no pun intended). There are new concepts to grasp, unfamiliar terminology to learn, and plenty of decisions to make along the way.
The mortgage loan interest rate is one of the topics that confuse a lot of home buyers, especially the first-time buyers who are new to the process. [...]

Thanks to the Internet, the entire real estate process has gotten a lot easier. You can find homes and research prices online, and you can even request quotes from mortgage lenders with less time and effort than in the past.
And while these are certainly good things, you must also exercise a bit of caution when [...]

This is one of the most frequently asked questions we receive at the Home Buying Institute. But despite the frequency, I’m always happy to answer. A failure to understand the inner workings of the adjustable-rate mortgage loan is what got many homeowners into foreclosure trouble over the last few years.
Let’s start with a quick definition. [...]

“I don’t know how much I can afford to spend on a house, so I’m going to pre-approved by a mortgage lender. They’ll be able to tell me how much I can afford.”
I hear first-time home buyers say this kind of thing all the time, and it always disturbs me. It’s indicative of a false [...]