Welcome to our mortgage blog

We like to provide insights and data on home buying, home maintenance, the housing market, and everything in-between.

Let us know if you have any questions or need more info on anything!

Thomas Johannsen Thomas Johannsen

Understanding Mortgage Options: The Difference Between Mortgage Brokers, Mortgage Bankers, and Traditional Bankers

Looking for a mortgage can be overwhelming, with so many options to choose from. Understanding the differences between mortgage brokers, mortgage bankers, and traditional bankers can help you make an informed decision. In this blog post, we break down the key differences between these options and help you determine which one might be the best fit for your needs. Whether you're a first-time homebuyer or looking to refinance, this guide will help you navigate the world of mortgage lending. Contact Johannsen Group Mortgage today to speak with one of our experienced loan officers and explore your mortgage options.

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Thomas Johannsen Thomas Johannsen

Are you ready to buy your first home?

Are you a first-time homebuyer looking to purchase your dream home? You may be eligible for financial assistance and special programs sponsored by state and federal governments. In this guide, we'll cover everything you need to know, from understanding what a first-time homebuyer is to the different programs available and tips to help you navigate the process. Plus, learn about the benefits and special loans offered by certain lenders, and how you may be able to withdraw from your IRA penalty-free. Don't miss out on this essential guide for first-time homebuyers.

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Pre-Approval FAQ
Thomas Johannsen Thomas Johannsen

Pre-Approval FAQ

Why should I be pre-approved for a mortgage loan? What advantages will I have? How long is the pre-approval valid? Get the answers to some commonly asked questions regarding pre-approval!

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Lock and Shop
Thomas Johannsen Thomas Johannsen

Lock and Shop

Should interest rates continue to rise, our “Lock & Shop” program could save you money. You will know exactly what your purchasing budget is and have the advantage of being pre-approved before making an offer. You may worry about being stuck with a higher interest rate if the rates decrease after you lock in. The “Lock & Shop” program allows you one free float down of your interest rate within two weeks prior to closing.

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How Deep is Your Debt?
Thomas Johannsen Thomas Johannsen

How Deep is Your Debt?

There are two types of debt. One is to be avoided, and the other can be used strategically!

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Timing the Market
Thomas Johannsen Thomas Johannsen

Timing the Market

Hoping to buy at just the right time? Learn more about timing the mortgage market in this blog post!

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Documentation (a.k.a. “Docs”)
Thomas Johannsen Thomas Johannsen

Documentation (a.k.a. “Docs”)

If you are wanting to pull together documents to get the loan approval process rolling, check out this blog post outlining what you’ll need to get started!

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