Everyone’s timeline will be different. Putting the appraisal aside, it generally will take a week or two to get the loan approved. The...

First, a little background on the relationship banks have with the appraiser. In today's mortgage world, appraisers are independent. ...

First and foremost you want to inform your lender that you have made a change. The budget is the lenders blueprint and payout...

If the value comes in lower than expected, there are a few remedies to either increase the appraised value or reduce the cash to close...

The purpose of this topic is not to give legal advice of what should be in or how a construction contraction should be structured, but...

You will be required to provide the lender with homeowner’s insurance that covers the construction of your home. That may be in the form...

The types of plans needed will depend on the project you are doing. In some cases, plans will not be needed. Plans not needed: For a lot...

There could be two or three items needed before an appraisal can be ordered. What’s needed will depend on the project. Generally...

Maybe. It will ultimately depend on how long it takes for you to close on your loan. Income and asset items like pay stubs and bank...

Yes, sort of. The mortgage world does a “soft pull” on all loans prior to closing. A soft pull checks to see if any new credit has...