For your convenience, our most common customer questions are answered right here.
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Q: What does “Pre-Qualify” mean.
A: A lender, either a bank or mortgage company has review your finances and determine what price range they think you can afford for a home loan. This is a cursory look to help you and you still must get approved for the loan by usually provide additional and more detailed information to the loan agent.
Q: What does “Escrow” mean.
A: Escrow is a term for when you provide a deposit to hold the property while under contract. Your deposit is held by a Lawyer, Title Company, or Real Estate Broker in their Escrow account for safe keeping until you close on the property.