If you’re wondering how long it really takes to go from preapproval to closing, you’re not alone. Most people hear horror stories of delays, surprises, or last-minute chaos — but it doesn’t have to be that way. At Stairway Mortgage, we run a tight, transparent process. Here’s your step-by-step timeline and what to expect at […]
1. Start with Trusted Referrals Word of mouth is still king. Ask friends, family, coworkers, or neighbors if they’ve worked with someone they’d recommend. The best agents leave a lasting impression—and chances are, someone in your circle has already found a gem. Pro tip: ask why they recommend that agent (Was it communication? Expertise? Hustle?
1. A Home Inspector Examines the Entire Property When you’re under contract, you’ll schedule a licensed home inspector to visit the property. During the inspection, they’ll review: Structural components like the foundation, roof, walls, attic, and basement Systems like electrical, HVAC, and plumbing Windows, doors, appliances, water heater, and more It typically takes 2–3 hours, and you’re encouraged to attend
It’s one of the most common questions we hear: “Should I buy now… or wait?” Maybe you’re worried about interest rates. Maybe you’re unsure if prices will drop. Or maybe you’re just not sure if it’s your time yet. At Stairway Mortgage, we believe good decisions come from clarity, not pressure. Here’s how we help
1. Make a Strong, Strategic Offer Don’t guess—base your offer on market conditions and comparable sales in the area. In a seller’s market, you may need to come in at or above asking. But in a slower market, you might have room to offer slightly less. Either way, a strong offer shows the seller you’ve
1. Expect Rules on What You Can (and Can’t) Change When you buy in a designated historic district, your home’s exterior is often protected by preservation guidelines. That means: No major exterior changes without approval from a local historic commission You may need permits for things like window replacements, paint colors, roofing, or fencing Modernizing interiors? Usually allowed—but still check
1. Apply for a New Loan, Just Like You Did the First Time Refinancing starts with a new mortgage application. You’ll provide updated financial information—like pay stubs, tax returns, and credit history—just as you did for your original loan. The lender will also order a home appraisal to confirm your property’s current value. Before you
1. The Perks (and Price) of New Construction New builds offer: Modern layouts and finishes Energy-efficient systems and appliances Customization options (flooring, cabinets, paint colors) They’re perfect if you want a move-in ready home with zero surprises. However, new construction can come with a higher price tag and longer timeline—you might wait several months before you can move in,
When it comes to buying a home, misinformation is everywhere — especially when it comes to mortgages.Some of it comes from well-meaning friends.Some from outdated advice.And some… is just plain wrong. Let’s clear the air. Here are the three most common mortgage myths that hold people back — and the truth behind each one. Myth
You’ve probably heard it a hundred times:“You need a great credit score to get a mortgage.” But what exactly is a “great” score?How much does it really affect your approval — or your interest rate?And what if your score isn’t perfect? Let’s clear up the confusion and give you the truth about how credit scores
1. Look Past the Pretty — Check the Condition It’s easy to get swept up by stylish staging, but your first focus should be on the bones of the house. Keep an eye out for water stains, ceiling cracks, uneven floors, or outdated systems like old HVAC units or electrical panels. These could signal hidden