Entries by Winston Wang

Pros and Cons of Putting Less Than 20% Down

When it comes to buying a home, one of the most significant decisions you’ll need to make is how much to put down. While the traditional advice suggests a down payment of 20%, many buyers opt for less. Here are some pros and cons of putting less than 20% down on a mortgage.

5 Tips to Get Your Mortgage Loan Approved Quickly

Buying a home is a big decision, and one of the most important steps is obtaining an underwritten mortgage approval from a mortgage lender. The process begins with filling out a mortgage application. Filling out a mortgage application may seem overwhelming, but with the right preparation and knowledge, it can be a smooth and straightforward […]

What to Expect When Applying for a Mortgage

Buying a home is a big decision, and one of the most important steps is getting a mortgage. The mortgage application process can be daunting, but it doesn’t have to be. Whether you are a first time or seasoned home buyer, you can make the process go more smoothly and reduce stress by understanding what […]

Mortgage Closing Costs and How to Save

If you are planning to buy a home, you might be wondering what are mortgage closing costs and how much they will affect your budget. Mortgage closing costs are the fees and expenses that you pay when you finalize your home loan. They can include things like appraisal fees, title insurance, origination fees, recording fees, […]

ARM or Fixed Rate Mortgage: How to Choose

One of the biggest decisions you will need to make as a home buyer is whether to choose an Adjustable Rate Mortgage (ARM) or a fixed-rate mortgage. Both types of mortgages have their pros and cons, and the choice largely depends on your individual financial circumstances and goals. Fixed rate mortgages have an interest rate that […]