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…]
Pre-Approval
New loan limits for 2020 makes getting a mortgage easier
The Federal Housing Finance Agency which oversees loans bought by Fannie Mae and Freddie Mac announced to change to the conforming loan limit last week. Here’s what the change means for you… … [Read More…]
Here are 2 mortgage process problems you will want to avoid
Securing mortgage loan financing is the cornerstone of financial prosperity in America. It’s one of the biggest decisions you’ll ever take on your life. Here’s watch to avoid when applying for a … [Read More…]
Should you buy & build or buy a single family home?
Purchasing a house is representative of so many different things in life depending on who you ask. Buying a lot and constructing is a monstrous project requiring long-term planning. Here’s some … [Read More…]
These mortgage scenarios will almost always mean paying discount points
Discount point are nothing more than upfront head you pay to purchase a lower interest rate and subsequently a lower monthly payment. In some case the you may not have a choice … [Read More…]
These two factors drive your mortgage cost
These two factors have the biggest influence on the cost of your mortgage. There are two things can change the cost of your mortgage when buying or refinance a home more than … [Read More…]
How to decide when it’s time to get a cosigner
How to decide when it’s time to get a cosigner for your mortgage Securing mortgage financing with a unique scenario can be a challenging endeavor. If your income is not enough or … [Read More…]
The truth about how credit scores relate to mortgages
Credit scores are incredibly important when secure a mortgage financing. They are however only one leg of a four-leg table. Here’s what to remember about credit scores and home loans. *Credit scores … [Read More…]
