Category: The Mortgage Process

How Do You Get a Mortgage?

If you’re ready to take the exciting step of becoming a homeowner, we’re here to help. Navigating the process of purchasing a home can feel overwhelming at first, but with the right information and guidance, you can make informed decisions every step of the way. Whether you’re a first-time buyer or looking to upgrade to…

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All About Bridge Loans 

We’ve had a lot of questions lately about bridge loans from Realtors and buyers alike, mostly because we’ve been doing a lot of them! In fact, we’ve done more bridge loans in the last two years than ever in our history of existence (36 years!) That tells you a bit about our market! Let’s talk…

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The Underwriting Process Isn’t Scary!

Underwriting! We often hear from clients that the underwriting process intimidates them. We believe there is a stereotype in our industry that underwriters are “out to get” clients by trying to hinder them from closing. This is simply not the case with RMN and our underwriting process! Our goal is to get more people approved…

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Don’t Count Out FHA Loans

FHA Loans are all the rage right now! As they should be! For some buyers, FHA loans are a GREAT option, and as a realtor or a borrower, you want to find the perfect home and secure the best possible financing options for yourself or for your clients. And there are many reasons why you…

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Credit Report Pulls and Lender Calls

We’ve run into an annoying issue lately that we want to take some time to address. Borrowers are coming to us saying that the minute we, or another lender, have pulled their credit, they get other random lenders calling them or texting them–sometimes with aggressive sales tactics!  We want to make it clear that we…

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All About Credit Scores!

Is this the year you plan to buy a house?  With the new year upon us, many may be trying to get their ducks in a row in preparation to purchase a home in 2023! We want to get ahead of that and provide valuable information that we get asked about all the time. Credit…

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What Can I Do Now to Prepare to Buy a House?

If you’re looking into buying your first home, even if you’re not ready to pull the trigger yet, first things first, reach out to a lender or a Realtor! It’s NEVER too soon to start a relationship with a Realtor and a lender. These professionals can help coach you to a successful purchase.  From a…

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How do I get a mortgage?

Step One: Pre-Approval The first step towards homeownership is to talk to a lender for a Pre-Approval. RMN offers many options to best work with you and your schedule: in-person appointment with a lender, online, or via phone/email. A lender will help you determine which loan program will best suit you and your situation. In…

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Adjustable Rate Mortgage – A Trick or a Treat?

It’s no secret that all of us at RMN are passionate about offering fixed rate financing for our borrowers. However, it’s important for you to understand exactly WHY we are such proponents of fixed rates. After all, “What’s the harm if I get an adjustable rate mortgage (ARM) from my local bank? It has the lowest…

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How to Choose a Loan Program

Which Loan Program Should I Choose? Does the idea of deciding on a home loan make your head spin? You may have questions like these: Why would someone choose a Rural Development loan (USDA) over a Conventional Loan? Why did my other lender tell me the VA loan isn’t the best option for me? What…

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