When it comes to buying a home, getting a mortgage is often a necessary part of the process. However, there are many mistakes homebuyers can make when applying for a mortgage that can end up costing them money or even jeopardizing their chances of getting approved. To help you avoid these mistakes, we’ve compiled a […]
Our team of licensed loan officers understands that the process of applying for a mortgage can be confusing, especially for first-time homebuyers. Two terms that often come up in the mortgage application process are pre-approval and pre-qualification. While these terms may seem interchangeable, they actually refer to two different steps in the process! Here we […]
Looking to sell your home fast? Here are some helpful tips to get you on your way. Work with a Licensed Real Estate Agent Who Agrees to Your Time Frame Industry experts recommend you interview at least three agents before signing a contract. Taking this advice will give you a feel for what you can expect marketing […]
One of the most significant changes our sales team at SouthPoint Financial has been tracking over the last 6 months is rising interest rates. Recently, we have covered some of the reasons that swing is happening, including a downturn in financial markets and a cooling off from the red-hot housing market we saw during the […]
Good Debt vs. Bad Debt In today’s economy, many Americans may be regretting taking on debt in the past or facing new debt to cover expenses during the pandemic. And yet millions of consumers continue to apply for mortgages for home purchases, one of the largest debts most people will ever assume. The reason for […]