Financial Planning

The Mortgage Process: Part 4, Processing and Underwriting

Pre-approval? Check. Offer on the perfect house accepted? Check. Mortgage application process completed? Check. Ok, so what is next? Well, this step is really for us rather than for you. Up next in the mortgage process is Processing and Underwriting. Read on to learn more about these next steps. Read More

Three eMortgage Musts You Shouldn’t Miss

While CDC guidelines seem to be loosening with each passing day, for many people things still don’t feel “normal” enough to be comfortable meeting in-person. So the question is… Can you still obtain a mortgage with limited contact? Yes, at Cambria Mortgage you definitely can. Getting a mortgage virtually is a popular option, and we’re more prepared than ever to provide that service to our clients. Here are three tips to help your transaction go smoothly: Read More

The Mortgage Process: Part 3, Application

You have found “the house” and your offer has been accepted… Really exciting stuff! But what’s next? When you initially completed your application, upon review and approval, your lender either provided a pre-qualification or a pre-approval letter. The terms are similar, but not the same. A pre-qualification is a pretty vague application including very basic pieces of information. While this information may have allowed your lender to give you the initial OK to search for homes... If you chose this route, now that you have found the house you are going to purchase, it is time to revisit that application and add more specific documents and information to keep your loan file moving along in the process. Read More

5 Hacks to House Hunt Like a Pro

Hands down, house hunting tends to be one of the most exciting parts of the home buying process. However, being unprepared can really take away from the experience. To ensure you have the best home buying adventure possible, we’ve cultivated 5 hacks that will have you house hunting like a pro. Read More

The Mortgage Process: Part 2, The Search

Now that you’ve taken your first step toward homeownership and have met with a Mortgage Consultant to better understand how much you are approved to spend on a home, it’s time to move onto the more exciting step two… SHOPPING! In this article we’ll cover how to get ready to shop for a home, beginning the home search process and some tips and tricks we have learned over the years supporting our clients. Read More

The Truth About Buying in a Seller’s Market

Anyone who has recently perused potential dream homes online can tell you, the options are slim and well… Prices are high. That leads to many questions for buyers, including if now is even the right time to buy a home. In this article, we’ll lay out what effect today’s current housing market truly has on those navigating it as a potential home buyer. Since a stop-and-go home buying journey isn’t ideal, it’s our hope we can help you get a better grasp of whether or not you should pump the brakes or hit the gas on your home buying journey. Read More