Home Buying Tips for First-Time Home Buyers
Posted On: January 21, 2026 by Prevail Bank in: Home Loans
Home Buying Tips for First-Time Home Buyers
You've decided now's the time: you're going to buy your first house. It can be an intimidating process, so here are a few tips to help your transition from renter to owner go smoothly:
Do Your ResearchThe first—and most crucial—step in home buying is to determine how much you're able or can comfortably afford to spend. That includes knowing how much of your savings you're willing to apply...
The truth: Is a mortgage pre-approval practical?
Posted On: September 17, 2025 by Prevail Bank in: Home Loans
A mortgage pre-approval is a conditional agreement from a lender to lend you a specific amount of money to purchase a home. This is all under the assumption that your financial documentation supports what was entered on your application when verified, your financial situation remains stable until closing, and the property you choose meets specific requirements (IE: Property appraisal).
Mortgage pre-approvals...
