In the last few weeks, a handful of big banks have failed including Silicon Valley bank signature bank, and now First Republic Bank. While this is not a repeat of 2008, it … [Read More…]
Harp 2 Refinance Program
New Mortgage Loan Limits for 2023
The Federal Housing Finance Agency announced on Tuesday, November 29th the new loan limits for 2023. The new conforming loan limit has increased and has been year over year 7 years in … [Read More…]
Should you buy a house with a homeowners association?
Homeowners’ associations are legal governing bodies that determine the Aesthetics of the property, uniformity, and oftentimes cover things like maintenance of the property, garbage sometimes sewer, water, and various other things. A … [Read More…]
Why your granny unit might ding your mortgage application
People trying to refinance their mortgages to take advantage of favorable current market conditions might come to realize they have a problem with their house. A granny unit can be a wonderful … [Read More…]
How much does it cost to refinance your mortgage?
If you’re trying to refinance your mortgage you should know what the costs are really are going to be and how they play into the mathematical equation of the total picture. Here’s … [Read More…]
Why this factor will not matter when refinancing
If it has been a few years since you took out a mortgage loan, be prepared for questions, and to thoroughly document everything. A critical characteristic of good character is payment history. … [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…]
Which option makes the most sense for cash out refinancing?
If you have the need to borrow money, but you don’t want to tap your assets cash out refinancing your home could be a good move. Here’s what to consider when determining … [Read More…]
