What’s the difference between Pre-Qualification and Pre-Approval? The short answer is Pre-qualifications don’t verify debt-to-income, but Pre-approvals do. If you’re thinking about buying a home, you should know whether a bank will approve your mortgage request.  The are two ways to determine this – one is good, the other excellent. The good way is via […]

Can you eliminate the PMI on your mortgage? The answer is:  Yes.  Most Lenders require your loan balance be less than 78 percent of the value of the home.  If you are at a point in the repayment of the loan where you have been making additional principal payments, you are current on the loan […]