The Future of Pre-Qualifying for a Mortgage — It’s Now in One Text

Doesn’t it seem like the first step in accomplishing almost anything is always the hardest? That common paralysis happens to people all the time in a variety of circumstances, especially when decisions can be life-changing. One of those big events under the “life-changing” category? Buying or refinancing a home — something Embrace has a lot [...]

By |2018-11-16T11:47:14+00:00November 16th, 2018|Categories: Company, Purchase, Refinance, Technology|Tags: , , , , , , , , |

Why Is My Mortgage Payment Changing?

Your mortgage payment is typically consistent for a period of time. Due to a number of factors, though, that consistency can't last forever. In fact, for most homeowners, their mortgage payment changes several times over the course of the loan term. You might get lucky, and that could translate to a lower payment and less [...]

By |2018-10-23T12:17:09+00:00October 23rd, 2018|Categories: Mortgage, Purchase|Tags: , |

How to Get Pre-Approved For Your Home Loan

Perhaps one of the most important things you can do to improve your chances of obtaining your dream home is filing for pre-approval. Getting pre-approved for your home loan communicates a level of credit and financial worthiness in shopping for a home. While pre-approval doesn't guarantee the success of your loan application, is certainly helps [...]

By |2018-10-19T00:27:37+00:00October 19th, 2018|Categories: Mortgage, Purchase|Tags: , , , |

How Soon Can I Refinance After Buying a Home?

In "The Pros and Cons of Refinancing," we took a look at the benefits of refinancing and examined the potential costs. When it comes to determining the right time for that first refinance, here are the conditions to you’ll want to consider: Type of mortgage – If you have an adjustable rate mortgage with a 5, [...]

By |2018-10-15T15:31:57+00:00October 16th, 2018|Categories: Refinance|Tags: , , |

What Is Mortgage Insurance? (And How to Avoid it!)

Many people today feel “insurance poor.” But for as poor as we may feel, the reality is that having insurance products to protect your family and assets is a necessity. From car insurance to health insurance and everything in between — enter private mortgage insurance (PMI). The process of applying for a mortgage can be [...]

By |2018-09-28T11:05:04+00:00September 28th, 2018|Categories: Mortgage|Tags: , , |

How Do Mortgages Work? Understanding the Basics of Mortgages

Most people would love to own a home, but the reality is that a majority of us simply can’t pay for a home with cold hard cash. In fact, for many people, even saving up the funds for a down payment is a hefty burden in and of itself. To make it possible for people [...]

By |2018-08-28T15:51:18+00:00August 31st, 2018|Categories: Mortgage, Purchase|Tags: , , , , , , |

What It Means to “Refinance” a Mortgage (Minus Confusing Industry Jargon)

You own a home, you have a mortgage and you know that, after some time, you’re supposed to consider refinancing that mortgage. At least that’s what friends and neighbors are doing. But what exactly does it mean to refinance? And why should you do it? You’d be hard-pressed to find a clear-cut answer to those [...]

By |2018-08-14T09:31:58+00:00August 14th, 2018|Categories: Refinance|Tags: , , |

Make Your Offer on a House Stand Out from the Rest

Navigating the mortgage approval process can be challenging, and at first glance it can seem like a lot of work. Because of this, it's not unusual for some buyers to procrastinate. They're anxious to get started with those walk-throughs and open houses and tell themselves they'll worry about the mortgage details later. In this current [...]

By |2018-08-10T06:40:46+00:00May 24th, 2018|Categories: Mortgage, Purchase|Tags: , , |

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