Mortgage lenders sometimes take an overly gun shy approach to how a mortgage loan is originated. One such example of … [Read More...]
Tips & Advice
Why your income is your lifeline to finance a home
Getting mortgage loan financing requires you providing a blend of good cash, ample credit, and income to offset a … [Read More...]
Today’s Latest
Can you get a mortgage if your loan is in forbearance?
One of the challenges of securing mortgage financing during this COVID-19 environment is forbearance. The pandemic has created some rather unprecedented and unique situations for people … [Read More...]
Can you get a mortgage if you are furloughed?
Many employers have furloughed employees due to work capacity, financial constraints other reasons. If you're furloughed with your current job more than likely you're going to have a … [Read More...]
Types of mortgages that may cost more
It's no surprise 30-year mortgage rates today are under 3% with good credit, good equity, and good income. What you might not know is that not all loan situations are considered equal. Here … [Read More...]
The number one thing you need to watch out for on FHA and VA mortgages
Both programs offer extremely attractive interest rates, incredibly flexible qualifying, and also support less than perfect credit. Overall the programs are very favorable to producing an … [Read More...]
Which company you chose to handle your home refinance matters
Should you refinance your house with the random mortgage company offering you what appears to be too good to be true? Maybe...read on. One of the things which play in the mortgage … [Read More...]
Should you refinance with today’s historically low rates?
Many experts will tell you shouldn't refinance unless you're saving 1% lower in rate. With today's interest rates being on average below 3% here's how you should determine whether … [Read More...]
New fee for residential conventional mortgages
The Federal Housing Finance Agency just rolled out August 12th, 2020 new change to conventional mortgage refinances. Here's what you need to know going forward... Fannie Mae and Freddie … [Read More...]
How to reposition your debt to buy a home
Purchasing your first home or even a move-up home is no easy feat. You need to have a blend of credit, income, and manageable monthly expenses so you can support the desired house payment … [Read More...]
How to button up your finances for getting a mortgage
If you are trying to get a mortgage, the number one thing you need is affordability. How much you earn in relation to how much you spend can make or break your mortgage application. Here are … [Read More...]
How to use a 401k for down payment to buy a home
Does it make sense to tap your 401k to purchase a home? For most families in America, one of the biggest Staples of wealth is a retirement account. Here is what you might want to keep in … [Read More...]
Buying a house? Expect multiple offers
Believe it or not, the pandemic has created a unique situation where many markets are experiencing multiple-offer situations on properties for sale. If you're going to get pre-approved or … [Read More...]
What to know about VA loans
The VA mortgage is hands-down the best mortgage loan program. Here's what you need to know if you're a US military veteran and you're eligible for VA financing... The VA does not grant … [Read More...]
All about FHA Loans for 2020 and beyond
One of the most popular mortgage loan programs continues to be popular especially amongst first time home buyers is the FHA loan. FHA Loans can help bridge the gap between renting and owning … [Read More...]
Should you buy a condo or a single family home?
When it comes to purchasing a home especially a first home what you decide to purchase can affect your affordability. Here's what you might want to think about when you're deciding to … [Read More...]
What you need to know if you are seeking an FHA mortgage with student loans
If you're getting mortgage financing to purchase or refinance a house here is the number one thing that you're going to want to avoid if you have a student loan. FHA mortgages and student … [Read More...]
