Our Mortgage Blog
What Is PMI?
If you put down less than 20% of the purchase price, your home mortgage will probably include private mortgage insurance (PMI). This premium protects the lender in case you can't pay your mortgage. Find out more about how PMI works and when you can stop paying it. It...
What is a Good Credit Score for a Mortgage
The better your credit score, the better your interest rate will be when you secure a mortgage. The closer your credit score is to the fair credit threshold, the higher your interest rate will be when you get a home loan. Banks set your interest rate based on how much...
What Are The Chances of Getting Denied After a Pre-Approval?
Nothing's worse than having your dream of home ownership snatched away at the last moment. Though it isn't common, lenders can deny your mortgage application after pre-approval. There are a few reasons this can happen, but all of them can be prevented with a little...
Do You Need to Get Pre-Approved for a Mortgage Before Looking?
Mortgage pre-approval just means you have a lender who checked your credit and debt-to-income ratio and decided you're a good risk for a home loan. When this happens, you'll get a letter of pre-approval to hand to a real estate agent so you can look at homes for sale....
What To Prepare Before Talking To A Lender
People who want to purchase a home will need to obtain a mortgage unless they're going to pay cash for the home. Some people are mystified by the process of getting a mortgage, but this isn't necessary. Planning ahead can help to make the process easier for you. One...
Tim Potempa Helps Homebuyers as an ABC-15 Home Pro
Having worked in the industry for over 20 years, Tim Potempa has become an expert on mortgage and home buying with knowledge and experience in multiple states. Looking to share his insights with his Arizona community, Tim went on ABC 15's Sonoran Living Home Pros...
What Are the Two Main Types of Mortgages
If you're looking for home financing, especially if this is your first time buying a home, you may be confusing about the various terms used to describe mortgages. However, the industry isn't nearly as complex as it might seem at first glance. Basically, there are two...
Six Mortgage Facts that Will Surprise You
Are you in the market for a new home loan or a home refinance loan? If so, just how much do you know about mortgages and the home financing industry? For example, were you aware of these six lesser known mortgage facts? 1. Mortgages rates have risen, but not nearly to...
Best renovations for increasing home value
Even though the U.S. real estate market has cooled down somewhat from its red-hot run of the last couple of years, it's still a good time to sell. You're probably already familiar with the common lore that ramping up your curb appeal with paint, flowers, and...
July 2022 Arizona Housing Report/Review
The housing market in Arizona has been a seller's market in the recent past. Taking a look at the mid-July housing report brings up questions about how these last four months of the year will go. As of July 15, the market model predicts that there will be a small...
