If you’re buying a home for sale in Baton Rouge, you’ll probably want mortgage preapproval. Here’s why. What is Mortgage Preapproval? A mortgage preapproval is a vote of confidence from a lender that you’ll repay a loan if they give it to you, provided that your financial circumstances stay the same between the time you’re […]
Looking for a new home is exciting; it doesn’t matter whether you’re buying your first house or your tenth… and it’s fun whether you’re looking for a fantastic house for sale in Baton Rouge or a waterfront home for sale in Greenwell Springs. But before you begin your search, your Baton Rouge Realtor® will give […]
An appraisal is what has to happen before a lender will commit to giving someone a loan (a mortgage) to purchase a home. If you’re selling your home, you can expect the lender’s appraiser to come out to your house and place a dollar value on it. That’s to protect the lender; they don’t want […]
When you buy a home in Baton Rouge, when is your first mortgage payment due? Do you have to pay it on the first day of the next month, or do you get a little longer? When is Your First Mortgage Payment Due After You Buy a Home in Baton Rouge? Thanks to amortization, you […]
If you’re buying a home for sale in Baton Rouge or any of the surrounding communities, especially if this is your first home purchase, you’re probably hearing all kinds of unfamiliar terms — and you’re always welcome to ask your Realtor® to explain them. But if you’re just trying to do your homework and figure […]
If you’re buying a home in Baton Rouge, you’ll need title insurance to protect your investment. In fact, most lenders require title insurance. But how do you know if you’re getting the right policy from the right title insurance company? Ideally, you’ll talk to your Realtor® about your title insurance options. He or she will […]
There are many reasons why homeowners opt to refinance, from obtaining a lower interest rate, to shortening the term of the loan, to switching mortgage loan types, to tapping into home equity.
Mortgage volume is expected to remain high through the end of 2012 and into 2013. Follow these steps to help close your loan on time, and with few headaches.