Tips To Keep Your Mortgage Loan On Track

As your lender, Ideal Lending is required to provide updates on all critical financial documentation that is over 30 days old prior to your closing. So whether you’re buying a home or refinancing your current mortgage, please keep the following documents on hand as your loan is being processed. Updated documents to keep on hand: […]

What Are Construction Loans?

If you cannot find the right home to buy, you might be thinking about how much it will cost to build a new house or renovate the one you currently call home. The process of borrowing the money to pay for this project is different from getting a mortgage to move into an existing property. […]

Stressed About Applying For A Mortgage? Here’s What To Do

family playing in front of house

Buying a home and applying for a mortgage—especially if you’ve never done it before—can be scary and complicated. There are so many things to consider and steps to take. The best way to avoid expensive mistakes and frustration is to let a professional help you navigate the whole process.  Most people start shopping for homes […]

How to know if your home inspector is qualified?

Are you ready to make an offer on the “perfect” Florida home? A good home inspector can potentially be a lifesaver. By pointing out major flaws that might need to be fixed, your inspector can help you avoid making an expensive mistake or give you a legitimate reason to negotiate a lower price. But not […]

Manufactured Homes are back in fashion!

Manufactured Homes have been around for a long time. For a while, there was a stigma attached to owning one because they were not perceived as possessing the style or quality of a traditional stick-built home.  No more!  Due to the shortage of properties available for sale, and affordability issues in many areas of the […]

Beware of Deceptive Advertising in the Mortgage Industry

Shopping for a mortgage loan can seem overwhelming at times. Combine that with the “sounds too good to be true” advertising and you may find yourself questioning your decisions. The reality is that every industry has good players and bad players. One way that the bad players get you to contact them is by advertising […]

How to Turn Your Home Into a Rental Property

Renting out your home rather than selling it can be a lucrative investment if done right. If you’re moving across the country and not ready to sell your home or have the funds to buy a new home without selling, this may be your best bet. Statistics show that 70% of Americans live in single-family homes, so […]

Are You Ready To Purchase A Home?

Buying a home is a big investment. So, when it comes to making an important decision like this, you want expert advice. We will walk you through each step of the mortgage lending process and keep you updated on the status of your loan application from pre-approval to closing. We’re committed to making your home […]

Your FICO® Score The Heartbeat of Your Financial Health

The FICO® Score which was introduced by Fair Isaac and Company in 1989 provided lenders with a purely financial evaluation of an individual’s creditworthiness exclusive of race, ethnicity, religious affiliation, national origin, gender, or marital status. Your FICO® Score also doesn’t take into consideration age, current salary, occupation, or employment history, although lenders will take […]

What is the Underwriting Process?

You are pre-approved, found a home you love, and made an offer. Now your loan is in underwriting. You might be wondering what that means! Here is a brief overview of the process. What is mortgage underwriting? Mortgage underwriting is the process a lender uses to determine if the risk of offering a mortgage loan […]