Qualifying for a mortgage involves: an acceptable credit score, sufficient assets and stable income. These are to show you can support a mortgage payment, plus other liabilities. You must have a balance … [Read More…]
How to remove private mortgage insurance
There is too much information circling around the internet, about how to remove mortgage insurance from your monthly mortgage payment. Unfortunately, it is not as simple as having 20% home equity either. … [Read More…]
Why you cannot opt out of title insurance when getting a mortgage
If you are like most consumers, you want to have a clear understanding of the fees associated with a mortgage. The closing process, lender fees, title fees, etc. This is so you … [Read More…]
Strange things that will stop your mortgage application
If you are trying to get a mortgage, or have tried in the past, you know the process is detailed and very paperwork heavy. The following is what you should know … [Read More…]
Expectations home buyers should have in today’s mortgage environment
Getting a mortgage is every bit as arduous as you might think. The paperwork can be technical and complex. Here is what you should expect if you plan to buy a home … [Read More…]
Getting a mortgage is still not an easy process
Well it might appear as though getting a mortgage is easier than it was a few years ago, the process is still dicey. It is no secret in the industry the majority … [Read More…]
3 Things You Unequivocally Must Have To Buy A Home
Here are three things you must have to buy a home in today’s competitive real estate market… $20,000 of cash-The market has radically changed and in many markets across the country, sellers … [Read More…]
Does My Loan Type Hurt My Credit Score?
Future favorable financing deals, low rates and preferred credit offerings all will be available depending on how well you manage the grandaddy credit type: a mortgage loan. Generally, when you take out … [Read More…]
Can I have two FHA Loans out at the same time?
Yes you can. Here’s the best possible scenario to have to FHA Loans out at the same time. You purchased your home originally with an FHA Loan, put 3.5% down and now … [Read More…]
Why FHA Streamline Refinancing Is Over
Anyone who has purchased a home in Sonoma County with an FHA Loan has probably thought about refinancing with today’s incredibly low mortgage rates. One of the main advantages of refinancing under … [Read More…]
