As you stand on the threshold of homeownership, pre-approval letter in hand, you may wonder: How long will this golden opportunity last? Understanding the time-sensitive nature of your mortgage pre-approval can help you stay competitive in today’s f
Dec 03, 2024 | Purchasing a Home
The mortgage process is your roadmap to achieving the dream of homeownership. It’s an exciting journey filled with opportunities, critical decisions, and challenges along the way. To navigate this path successfully, open communication with your mort
Nov 26, 2024 | Purchasing a Home
With the growing demand for travel and vacationing, investing in a vacation rental property is an excellent way to diversify your financial portfolio. However, one critical decision awaits as you get started: should you invest in a high-end luxury propert
Nov 21, 2024 | Purchasing a Home
Whether you're buying or selling a home, you'll frequently hear the terms sales price and appraised value. These concepts are key to navigating the transaction process, and understanding them can make all the difference. Let’s break them down into s
Nov 19, 2024 | Purchasing a Home
For seasoned homeowners and new buyers alike, these statements can seem complex, but breaking them down is easier than you might think. Here’s a guide to understanding each section of your mortgage statement, helping you stay in control of your fina
Nov 14, 2024 | Purchasing a Home
After buying your home, it’s time to prepare for your first mortgage payment. At 1st American Mortgage Lenders Inc. we want to help you get off to a great start owning your new home! Here’s everything you need to know about your first mortgage
Nov 12, 2024 | Purchasing a Home