All posts by Kelly Tribell


  • What TRID Means for Residential Mortgages

      The TILA RESPA Integrated Disclosure rule was implemented in early October. This rule impacts everyone involved with residential mortgages and may be causing some concerns for consumers who aren’t sure what it means for them. Though new, TRID already shows benefits for both the consumer and the real estate industry. Consumers see benefits such […]
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  • The Difference Between Preapproval and Prequalification

    When looking for a house, the last thing you want is to find out you don’t qualify for a home you had your heart set on. Knowing your options before you start house hunting will help you prevent this from happening. The borrower has the option of doing either a prequalification or a preapproval to […]
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  • Financing Options for Home Construction and Renovation

    If someone wants to build a custom home or is looking to make renovations to a pre-existing home, there are financing options available. Determining which type of financing is best will depend on the borrower’s goals. Understanding the different options will help home owners make the best decision for financing their construction projects. Construction Loans […]
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  • The Importance of Home Inspections

    A home inspection is an easy and relatively inexpensive way to discover the true condition of a property. When buying a home, it is critical to understand exactly what you’re buying so you don’t unintentionally purchase a home in need of major repairs. Knowing about problems in advance will help ensure your investment is sound […]
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  • Financing Your Fixer-Upper

    Whether someone is looking to purchase a home that needs renovations or is looking to renovate a home they currently own, there are two financing options available. Deciding which type of financing is best for a certain situation will depend on several factors. Understanding the different options will help home owners and buyers make the […]
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  • VIDEO: 3% Down Payment Conventional Loan Program

      Currently, Fannie Mae allows for as little as a three percent down payment for a conventional loan when purchasing a single family residence. This program has significant pricing advantages in comparison over a standard FHA loan. The three percent down payment can come from the borrower or be a gift. Gift funds can come […]
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  • VIDEO: Understanding Closing Costs

    Buying a house is a life long investment and can be a little overwhelming when it comes to the loan process. Purchase loans have many parts but one of the most important to understand for the buyer is the closing costs. Kelly Tribell, Partner at Simply Home Lending, explains closing costs and how to make […]
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