Mortgage Pre-Approval Process For New Home Buyers

When shopping for a new home many sellers would want a buyer to have a mortgage pre-approval before even negotiating on the property. What is a pre-approval letter and what is the process to get one? A pre-approval is a letter from the lender saying this person given all the…

Home Value Appraiser

Find Homes MJS Here is a tool you can use to find an estimated apprised value through Zillow. If you know the exact address type the address into the Locations sections. Enter with city state and zip code. For example 2058 NW 52nd St, Boca Raton, FL, 33496

Conventional Loan

A Conventional loan is a loan that is not backed by any government entity but instead available through banks, lenders, mortgage companies, and credit unions, unlike FHA loans. The majority of conventional loans due follow government guidelines so they can easily be guaranteed by a government-sponsored enterprise. The two government-sponsored…

FHA Loans

FHA loans are federally backed loans by the Federal Housing Administration (FHA) a division of the U.S. Department of Housing and Urban Development (HUD) unlike conventional loans. FHA loans are primarily used for single-family or multi-family homes. FHA loans can only be done by approved lenders and have strict guidelines…