Rocket Mortgage VS Your Local Home Lender

At Neighborly Home Lending, we hear these questions all the time. Whether it be from potential customers, those looking into funding commercial or residential construction projects, current customers, local insurance agents, or blasted on Pandora or popular podcasts: “Is Rocket Mortgage really that good?” “What is the difference between Neighborly Home Lending and Rocket Mortgage?” “Is Rocket Mortgage a […]

Rising Interest Rates, YES.. but still better than the banks!

Market Rates Update: Freddie Mac’s chief economist notes: “Despite higher mortgage rates, the monthly mortgage payment remains affordable.”  FEDERAL RESERVE WATCH Forecasting Federal Reserve policy changes in coming months… There is an overwhelming feeling on Wall Street the Fed won’t touch rates this week. But a quarter percent blip is seen in December, then zilch again […]

Mortgage Rates are Knocking at Affordability’s Door – We have a Solution

Mortgage rates are rising. It’s a scary time – that’s why we’ve partnered with a lender to make it simple, easy, and smart to get the best rate on your mortgage. Many lenders are offering rate locks for up to 90 days. Here’s what you need to know. Interest rates are rising – that much we know. It’s become […]

Mortgage Broker or Mortgage Banker – What’s the difference?

The time has come: it’s your time to have your piece of the pie of the American Dream. Time to find a lender. You’ve done your research, and you’ve come across two distinct terms: mortgage bankers and mortgage brokers. What is the difference between these two entities and which is right for you? How do they help […]

Local Lending vs Big Banks: What You Need To Know!

Some of you may be familiar with receiving emails from your current banks such as Chase, Iberia, or HomeBank regarding your “pre-approval” for mortgage lending through them. And while this may seem like good news for those of you currently looking for lending options, going with the big banks as opposed to a local, private lender, could pose some hidden problems […]