Everything You Need to Know About Mortgages

Purchasing a home is likely the largest financial decision you will make in your lifetime. According to the National Association of Realtors®, 88% of homeowners report that owning a home has been a positive experience. The positive experience of homeownership also comes with a great deal of responsibility.

At Compass, we strive to educate our homebuyers, so they can decide how homeownership fits with their overall financial goals and needs.Before you begin your home search, download our Mortgage 101 Handbook to educate yourself on homebuying basics, including The loan process, what goes into a mortgage payment, credit scores, and loan types.

What’s in the handbook?

  • Homeownership vs. Renting
  • Pre Approvals & Loan Commitments
  • Credit Scores
  • Financing Options
  • What Goes Into a Mortgage Payment & the Loan Process
  • Mortgage Terms and Definitions
  • Why we are Different from Other Mortgage Companies