James & Lisa Ferguson's (castlerock) Blog

About the Loan Process Pre-QualificationPrior to getting a loan and generally prior to searching for a home, pre-qualification occurs to determine what type of loan can be obtained. The lender will gather information about the income and debts of the borrower. This allows him or her to make a fi...

  No Money Down: Too Good to Be True? One of the most interesting topics in residential real estate is buying a home with "nothing down." While the majority of home sales go through a conventional lending process, many homes are, in fact, bought by purchasers using little or none of their own mo...