Pre-Approval

April 24, 2023

The Power of Pre-Approval




If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right ...

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Jan. 24, 2023

The 3 Factors That Affect Home Affordability

 

The 3 Factors That Affect Home Affordability | MyKCM

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogicshares:

“. . . with ...

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Jan. 19, 2023

Pre-Approval in 2023: What You Need To Know

 

Pre-Approval in 2023: What You Need To Know | MyKCM

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains:

“In a preapproval [sic], the lender tells you which types of loans ...

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Oct. 28, 2022

Applying for a Mortgage Doesn’t Have To Be Scary [INFOGRAPHIC]

 

Applying for a Mortgage Doesn’t Have To Be Scary [INFOGRAPHIC] | MyKCM

Some Highlights

  • Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home.
  • Know your credit score and work to build strong credit. When you’re ready, lean on the pros ...
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Oct. 24, 2022

Pre-Approval Is a Critical First Step on Your Homebuying Journey

 

Pre-Approval Is a Critical First Step on Your Homebuying Journey | MyKCM

If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why.

What ...

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Oct. 14, 2022

Tips For First-Time Homebuyers [INFOGRAPHIC]

 

Tips For First-Time Homebuyers [INFOGRAPHIC] | MyKCM

Some Highlights

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Oct. 7, 2022

The Journey To Buy a Home [INFOGRAPHIC]

The Journey To Buy a Home [INFOGRAPHIC]

The Journey To Buy a Home [INFOGRAPHIC] | MyKCM

Some Highlights

  • When you head out to buy a home, there are a number of key milestones you’ll encounter along the way.
  • The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more ...
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Oct. 4, 2022

The Cost of Waiting for Mortgage Rates To Go Down

 

The Cost of Waiting for Mortgage Rates To Go Down | MyKCM

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans.

The Impact of Rising ...

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July 25, 2022

Think Home Prices Are Going To Fall? Think Again?

 

Think Home Prices Are Going To Fall? Think Again

Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and home price ...

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July 19, 2022

Why Pre-Approval Is a Game Changer for Homebuyers?

 

Why Pre-Approval Is a Game Changer for Homebuyers

If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market?

The truth is, getting a pre-approval letter from your lender is critical ...

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