Mike Sieber's Mortgage Articles

• Refinance Your Home With Confidence
  Many variables should be considered before looking at a refinance loan for your home. Here are some of the most important issues to think about before going forward.
• The Basics About Mortgage Closing Costs
  It's important to know the basics related to closing costs when buying or refinancing a home. I know that most homebuyers are surprised at the closing table when they see the final tally of their costs. Most often that's because their lender and escrow officer has never really communicated effectively with them.
• Get a Mortgage Pre-Approved Before Buying Your Next Home
  Getting pre-approved for your mortgage before buying is one of the most powerful things that I can recommend to anyone who's looking to purchase a home. It's also one of the most overlooked aspects of most transactions.
• What Causes Mortgage Rates to Change?
  I get many questions about the factors that cause interest rates to change. I'll try to be as brief and to-the-point as possible here, but this is an issue that entire books are written about. Thus, it's important to say that there are a myriad of variables that can affect rates.
• How to Choose the Right Mortgage
  Purchasing a new home can be such an exciting time for everyone involved. It is really gratifying to see the wonderful changes that a new home can bring.
• Understand How to Qualify For a Home Loan
  It's important to understand the process of qualifying for a new mortgage loan. In essence, qualifying is merely a risk assessment performed by the lender to determine the likelihood that the buyer will repay the loan with the fewest number of delinquent payments possible. Action must be taken if you suspect that you may have any serious issues in your credit history over the past several years.
• What to Expect During the Home Loan Process
  When working with mortgage loan applicants I often hear questions like, "What happens after I give you my documentation? What should we expect after that?"
• How to Prepare For a Smooth Mortgage Loan Approval
  Preparing before submitting a mortgage loan application is one of the best things that homebuyers can do to ensure a smooth home loan process. I have seen too many frantic clients over the years that could have enjoyed a much less stressful home purchase if they would have done a few things to prepare themselves before buying a home.
• How Do Mortgage Loans Get Approved?
  Here's some great tips that could simplify one of the more complex issues that many people struggle with when getting a new mortgage. It has to do getting your loan approved quickly.
• Secrets to Shopping For the Best Mortgage
  Unfortunately, many lenders make it difficult to get the whole story about the real cost of a new loan. There are ads, billboards and commercials that may appear to be offering an unbelievable deal. And almost always, it's not what it appears to be.