When it comes to buying a home there are a lot of misconceptions about the process. These home buying myths often prevent people from even looking into a mortgage or purchasing a home. We've set out to squash several common myths and shed light on the realities of home buying and mortgages.
We've all been there. After spending days, weeks, even months, searching real estate websites, the perfect home pops up. It's an exciting moment! So, now what?
A home purchase is one of the largest financial transactions you will probably make in your lifetime. It's important to make the right decisions and work with the right people. It can be confusing knowing who does what during your home buying process. We break down what you can expect from your real estate agent, loan officer, and yourself when buying a home.
So you're thinking about purchasing a home. It's a big decision and one that comes with many questions. Questions like, "What home loan should I choose?" or "What's the difference between all these mortgage loan options?" We get the confusion and stress that can arise when makig these decisions. We're here to help alleviate your stress and teach you the key differences between home loan options.
Do you really know what happens to your mortgage after closing on your home? The truth is most home loans are sold off to an outside Mortgage Servicing firm, which means your trusty, long-time Mortgage Originator is no longer your go-to guy. Instead you get to deal with the frustration of automated operators in faraway cities and awful hold music. You might be surprised to know that CorTrust, unlike most banks, services most mortgage loans locally. Check out why we think that's a pretty big deal.