Latest Articles

What is Mortgage Protection Insurance?

When you close a loan, don’t be surprised to see your mailbox explode with Mortgage Protection Insurance (MPI) offers. These offers follow closing on a new home purchase, a refinance, or even a Home Equity Line of Credit. So, what is Mortgage Protection Insurance, and why do homeowners get all these solicitations? Who is sending […]

Getting Pre-Qualified/Pre-Approved to Buy a Home

What is Pre-Approval/Pre-Qualification? A Pre-Qualification letter is one of the most important documents you need when shopping for a home.  Some real estate agents will not even show you houses without one. Certain states require buyers to have one submitted with a purchase offer.  E5 Home Loans helps explain the difference between a “pre-qualification” and […]

House Shopping Tips

Here are some quick shopping tips to help make the process easier This is the fun part where you and your real estate agent will look at homes.  It is easy to get overwhelmed during this part of the process, so there are a few things you can do to make the process easier. Deciding […]

Valuing your house

If you want to sell or refinance, it’s very important to understand the true value of your home.  Many factors impact your home’s value, including: Market demand Recent sales in your immediate area (comps) The condition of your home Improvements you’ve made It’s no secret most homeowners go online to get a basic home value […]

Why Do I Need a Home Inspection?

Part of the E5 Homebuyers Guide reviews home inspections and why they are a good investment. Many first-time homebuyers are overwhelmed with the process, especially the challenge of identifying a house’s red flags to know what areas might lead to potential problems. Buyers should also understand the difference between the “appraisal” (an unbiased valuation of […]