Purchasing a home can be stressful and intimidating—especially if you are applying for a mortgage. When you understand the process and industry terminology, you can make better home buying decisions. In this episode, Jill Byrne NMLS 1422390 and Laura Peters NMLS 1540447, with Hill Mortgage, explain some of the common mistakes buyers make and break down the process in this must listen episode.
You will learn:
Why it’s better to have a pre-approval letter vs a pre-qualification letter from your lender.What is a home appraisal and why do I need one?Should you escrow your taxes with your mortgage lender? Resources:
Learn more about Hill MortgageConnect with Laura Peters or Jill Byrne Use this calculator to estimate your monthly mortgage payment
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