Latest Articles
Mortgage Preapproval vs. Prequalification: What Is the Difference?
Mortgage prequalification is usually an initial borrowing estimate, while preapproval commonly includes a more detailed review of credit, income, assets and debts. Learn what lenders evaluate, why the terminology can vary and how a strong preapproval can help buyers prepare to make an offer.
Mark Merry00How Much Income Do You Need to Buy a $1 Million Home in Scottsdale?
A buyer purchasing a $1 million Scottsdale home with 20% down may need roughly $160,000 to $191,000 in annual qualifying income, depending on debts and underwriting. Learn how rates, taxes, insurance, HOA dues, credit and down payment affect the calculation.
Mark Merry10How Much House Can I Afford in Scottsdale, Arizona?
How much house you can afford in Scottsdale depends on your income, monthly debts, down payment, mortgage rate, taxes, insurance and HOA dues. Learn how to establish a comfortable home-buying budget before beginning your search.
Mark Merry00