Have you decided it’s time to buy your first home? Congratulations! It is a huge decision, and there is much to learn to make the process as smooth as possible. The home-buying process can be overwhelming at first, but the experts at Pacor Mortgage are here to help you! This blog post will give you…Read More
The holiday season is the most wonderful time of the year for many people, and for many magical reasons! The local landscape looks like a winter wonderland, the city sidewalks are dressed in holiday style, and there are plenty of chestnuts roasting on an open fire. It’s beginning to look a lot like Christmas when…Read More
Credit can make a significant difference in obtaining your life goals. Creditworthiness can impact milestones such as buying a house, paying off debts, or purchasing a car. It’s never too late to build credit; however, starting while you are still young is best. Let’s look at credit scores and credit reports, how they affect your…Read More
Whether you’re buying your first home, refinancing, or upgrading to your dream home, a loan officer is a critical player in a successful purchase. They oversee the financial transaction and ensure that your loan is approved; it’s a very important job! Understanding what a loan officer does will help you decide if they will meet…Read More
As you consider applying for a mortgage, it can be equally comforting and daunting to know that there are so many available options as you look to finance your home purchase. When you think of a mortgage, the most common one that comes to mind is conventional loans. Conventional loans, sought by more than 60%…Read More
Summer is typically the busiest time of year in the real estate market. Some reasons for increased activity are families looking to relocate before school starts and developers wanting the most of long daylight hours to finish renovation projects. Home staging is a great way to make the most of the hot summer real estate…Read More
Do you love your home but aren’t quite in love with it yet? More often than not, your love for your home isn’t always unconditional. There’s always something that needs to be repaired or replaced, such as your roof or siding. Or maybe you’ll love your home more with new vinyl plank flooring or…Read More
Last year was challenging for potential homebuyers. While home prices rose nationwide, buyers scrambled for properties and engaged in bidding wars, resulting in homes selling exponentially higher than the listing price. Economists predict that the market will be a little more relaxed in 2022. However, it will take strategy and perseverance to chase and attain…Read More
For most Americans, buying a home requires a significant down payment (up to 20% of the purchase price), putting homeownership out of reach. However, for active service members, veterans, and eligible surviving spouses, it’s possible to purchase a home with little or no money down through the VA loan program. In today’s competitive housing…Read More
At some point in your journey of homeownership, you may get very close to paying off your mortgage, or better yet, make your final mortgage payment. Congratulations – this is a significant accomplishment! Once your home is paid in full, it now represents pure equity. These funds could be used in a financial emergency, medical…Read More