Mortgage lenders sometimes take an overly gun shy approach to how a mortgage loan is originated. One such example of this is if you have a first and a second mortgage on … [Read More…]
First Time Home Buyers
How to avoid getting a jumbo loan due to Coronavirus
Securing mortgage loan financing right has become a little bit of a challenge for some families desiring to borrow money. Here are some considerations you need to be aware of if you’re … [Read More…]
How to get a mortgage if you’ve been furloughed to do to COVID_19
The coronavirus has undoubtedly created a significant amount of challenges for mortgage companies and families across America. Some lenders are changing credit score requirements, others are pulling out of the market entirely, … [Read More…]
Don’t make this common 401K home buying mistake
One excellent way to buy a house is to borrow money from your 401k. Every 401K provider is different, and the language associated with your 401k provider can make or break your … [Read More…]
Don’t make this home buying when negotiating the purchase price of a house
Buying a home is a high ticket purchase. It requires careful planning and due diligence. One of the biggest factors of buying a home is taking into consideration all the various reports, … [Read More…]
Buy a house now or should I wait?
One of the things homebuyers are always asking themselves is buying now versus waiting. Mathematically it could pencil out that buying a house down the line might make more sense, but you … [Read More…]
Why you shouldn’t be solely focused on credit when it comes to getting a mortgage
For you to successfully purchase a home or refinance a home, you’ll want to pay attention to your overall financial picture. Each mortgage lender requires a blend of healthy credit, manageable debt, … [Read More…]
3 ways that will prevent you from getting a mortgage
If you want a mortgage, you need to play by the lender’s rules. There’s an old saying called the Golden Rule he who has the money makes the rules. When it comes … [Read More…]