Blog

Jim Snyder awarded Milwaukee Best Loan Originator

Inlanta Pewaukee   Congratulations to our Branch Manager, Jim Snyder, on winning the Milwaukee Best Loan Originator award presented by the Wisconsin Mortgage Bankers Association! This is the 2nd Annual Best in Business Awards presented by the Wisconsin Mortgage Bankers Association. “I am honored to be awarded the Best Loan Originator award,” said Jim Snyder.  … Continue reading Jim Snyder awarded Milwaukee Best Loan Originator

Is an Adjustable-Rate Mortgage Right for you?

Is an Adjustable-Rate Mortgage right for you? When you shop for a mortgage, whether it’s for a new home or a refinance, you’ll soon hear about adjustable-rate mortgages (ARMs). For some, an adjustable-rate mortgage is an automatic no. If that is the case, it is usually for one of three reasons: They’re uncomfortable with any … Continue reading Is an Adjustable-Rate Mortgage Right for you?

Live with Less- Top Tips to Downsize Successfully

Live with Less – Top Tips to Downsize Successfully Whether you’re planning a big move or simply looking to declutter your space, we’ve got downsizing tips to help make the transition smooth and stress-free! Step #1: Make a Plan Downsizing can be stressful. That’s why it is imperative to begin planning early on to help … Continue reading Live with Less- Top Tips to Downsize Successfully

Loan Road Map: Stop #8 Final Approval

  Loan Road Map: Stop #8 Final Approval After the home inspection and appraisal are received back, the loan goes back to underwriting one last time.  The underwriter wants to make sure the loan amount aligns with the correct value of the house to be purchased. If all the documentation is accepted, you will receive … Continue reading Loan Road Map: Stop #8 Final Approval

Loan Road Map: Stop #7 Homeowners Insurance

  Loan Road Map: Stop #7 Homeowners Insurance Homeowners insurance helps you protect the biggest financial purchase of your life! Here are a few reasons why it’s important: It might be necessary. Before closing on your new home, we require you provide proof that your house is insured.   It provides protection for more than … Continue reading Loan Road Map: Stop #7 Homeowners Insurance

Loan Road Map: Stop #6 Appraisal and Title

Loan Road Map: Stop #6 Appraisal and Title An appraisal decides the value of the property that you are purchasing. This is important because it decides how much money a bank is willing to lend you for the property you want to purchase. An appraisal starts with an inspection of the inside and outside of … Continue reading Loan Road Map: Stop #6 Appraisal and Title

Loan Road Map: Stop #5 Applications and Disclosures

Loan Road Map: Stop #5 Applications and Disclosures A mortgage application helps the lender decide how much money to lend the borrower. Here’s a breakdown of what’s included on the forms: Type of mortgage and terms. This section describes the loan, loan program and the terms to the loan. Property information and purpose of the … Continue reading Loan Road Map: Stop #5 Applications and Disclosures

Announcing New Doctor Loans Program!

New Doctor Loans Program! We are excited to announce our new Doctor Loans program! It is no secret that doctors take on a lot of student loan debt to pay for medical school. If you are one of these everyday superheroes, you may be experiencing difficulty achieving your dream of homeownership as a result. Have … Continue reading Announcing New Doctor Loans Program!

Loan Road Map: Stop #4 Home Inspection

Loan Road Map: Stop #4 Home Inspection Contingent upon you taking ownership of the home is your home inspection. A home inspection is a full examination of the condition of the home. Home inspections can help alert potential buyers to problems that probably aren’t easily noticeable. A home inspector is a professional third-party who will … Continue reading Loan Road Map: Stop #4 Home Inspection

Loan Road Map: Stop #3 Purchase Agreement

You received a pre-approval letter, found a house you liked and made an offer. Now what?   When you submitted your offer in writing, you decided on what price to offer on the home, if the offer would be contingent upon the home inspection and a deadline for a response. The offer is followed by … Continue reading Loan Road Map: Stop #3 Purchase Agreement

Loan Road Map: Stop #2 Home Search and Offer

Loan Road Map: Stop #2 Home Search and Offer Now that you have a preapproval in hand, the REAL fun begins — shopping for a home! There are many things to consider when shopping for a home. Searching for a home allows you to get a feel for a new neighborhood, a new school district … Continue reading Loan Road Map: Stop #2 Home Search and Offer