Blog
23,Dec,2022
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This Christmas has been amazing at Fellowship Home Loans. We are truly Blessed to be able to help and work with so many amazing people. It was a great year for us and as much as we celebrated internally, we also wanted to spread the cheer to our community. We …
Pre-Qualification Versus Pre-Approval
14,Dec,2022
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For buyers ready to start looking at homes, terms can get confusing, especially if this is a first-time home buyer. Pre-qualification and pre-approval are often used interchangeably, but they are very different and have different impacts on buying a home. Read below to learn more about these two terms and …
How to Make a Competitive Offer on a Home
09,Nov,2022
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In today’s market, even with the recent changes, sellers still have the upper hand. Any offer you put in needs to be as competitive as possible, so you have a higher chance of being accepted. Use the steps here to make sure you’re making a competitive offer that has a …
Simple Steps to Pre-Qualify for a Loan
25,Aug,2022
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Pre-qualification provides buyers with insight into how much money they can borrow to purchase a home. It also gives them the chance to make sure they are ready to buy a home and will likely qualify for a mortgage once they’re ready to do so. Plus, pre-qualification can look better …
What is LTV and Why is It Important?
11,Aug,2022
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In financial terms, an LTV, or loan to value ratio, is a comparison between the size of a loan and the value of the asset being purchased. This can be calculated for any large purchase that requires a loan, including buying a home. It’s often used by lenders to determine …