Oahu Real Estate News

 

May 21, 2017

Breaking Down the Steps of the Mortgage Process

When you are buying a house, there is so much going on at one time that it can be extremely overwhelming and confusing. The loan process and mortgage process is one of the worst parts for this because it is also one of the most confusing portions of buying a home.

There is no way to make it any less complicated, but there is a way to make it seem less complicated - education. Learning about the different steps and being able to anticipate what is coming will help to remove at least some of the pressures you feel. There are six basic steps to getting a mortgage. Let’s break them down:

View More
Posted in Loans
May 21, 2017

What are Mortgage Pre-Approval Letters

If you are considering going through a pre-approval process before you start searching for a home, it could be a great idea. You will want to do this in a way that allows you to avoid some of the most common problems, including being turned down by an agent or a seller, falling in love with a home you can’t afford, and becoming discouraged with the process. With a pre-approval letter, you will be less stressed about the entire situation. A mortgage pre-approval letter tells how much money you may be able to get toward a home loan. This is not a guarantee, but it does carry some weight.

View More
Posted in Loans
May 16, 2017

Hawaii Home Buyers - Understanding VA Loans

VA Home Loans are quite popular because they can help veterans get the homes of their dreams in return for their services to the US Armed Services. They are helped by the government because a portion of each loan is guaranteed by the Veterans Administration and it protects the lender, just in case the borrower defaults.

View More
Posted in Loans