11 Sep 2025
By Mark Feder

5 Key Steps in the Mortgage Underwriting Process

Mortgage
Buying a home can be exciting, but it can also feel overwhelming. Understanding the mortgage underwriting process can make things a lot smoother!  What is Underwriting?Underwriting is when lenders review your financial information to determine if you qualify for a mortgage. They check your income, assets, credit history, and the property itself to assess risk. The 5 Key Steps Submit Your ApplicationPre-approval starts here! This tells you and your lender how much you can afford and saves time while looking for a home. Verify Income and AssetsProvide documents like pay stubs, tax returns, bank statements, and ID. Lenders check your…
Read More
31 Jul 2025
By Mark Feder

Should You Get a Mortgage If You Plan to Move Soon?

Mortgage
Deciding to buy a home when you know you might move within a few years can be a challenging choice. Many people wonder if it makes financial sense to take on a mortgage if they will not live in the property long term. The answer depends on several factors, including your personal goals, market conditions, and your financial situation. Consider Your Time HorizonMortgage loans often come with upfront costs such as closing fees, appraisal costs, and sometimes private mortgage insurance. If you plan to move within a year or two, these costs can outweigh the benefits of homeownership. However, if…
Read More
08 Jul 2025
By Mark Feder

How to Finance Energy-Efficient Home Improvements with a Mortgage

Mortgage
As more homeowners look for ways to reduce utility bills and make their homes environmentally friendly, energy-efficient improvements have become a smart investment. The good news is that you do not need to pay out of pocket for all the upgrades at once. There are mortgage financing options that allow you to make energy-efficient improvements while also making your home more comfortable and affordable in the long run. One of the most common ways to finance these improvements is through an Energy Efficient Mortgage, or EEM. This type of loan is designed to help borrowers finance energy-saving upgrades as part…
Read More
04 Jul 2025
By Mark Feder

Reflecting on the Meaning of Independence Day

Mortgage
As Americans prepare to celebrate the Fourth of July, it is important to reflect on the core values that define our nation: freedom, opportunity, and the pursuit of a better life. These same ideals continue to inspire individuals and families across the country to pursue homeownership, which remains a foundational part of financial independence and long-term security. A Historic Commitment to Liberty and OpportunityIndependence Day commemorates the signing of the Declaration of Independence in 1776. This historic moment marked the beginning of a new chapter, centered on liberty and self-determination. Today, those principles are still deeply connected to the American…
Read More