When going through the lending process, you’ll encounter a lot of different terminology that can be confusing – particularly if it’s your first time applying for a mortgage. One of these terms is the loan to value (LTV) ratio. In addition to factors like your credit score, income, and general financial standing, LTV is one […]
John Rose and Heather Rose, owners of Acadia Lending Group. We are Mainers helping Mainers. Helping first-time home buyers get into their dream house and assisting current homeowners in refinancing their mortgages to save thousands of dollars over the life of their loan. Our team takes pride in meeting our client’s individual financing needs while offering competitive […]
Have you made the decision to begin the home-buying process or are you interested in learning more about the stages involved in obtaining your dream home? There are a few essential home buying tips that will make the process go smoothly and swiftly. Check your credit score: Your credit score is a crucial consideration during […]
5 Steps to Prepare for Getting Your Mortgage Application Approved
…But remain relatively low!