Purchasing a home can require a down payment plus closing costs which can equate the thousands of dollars. Here’s a way you can get your foot in the door using other people’s … [Read More…]
The number one factor that can drive your mortgage cost up (hint not credit)
Purchasing or refinancing a home requires a certain degree of time, commitment and paperwork. Here is one factor that can make your mortgage more expensive … The simple answer is time. Time … [Read More…]
How to get a mortgage without providing tax returns
If you’re looking to purchase or refinance a house providing tax returns can sometimes just be inconvenient especially if your tax returns have various extending schedules. Here’s what you need to know … [Read More…]
How much of your income should go towards a mortgage payment?
One of the challenges home buyers face when purchasing a house for the first time is of their income should go towards a mortgage payment. This number varies greatly and just because … [Read More…]
2 things to watch for buying a house in 2018
This local county housing market continues to evolve and show strong signs of growth and appreciation. Here is what you need to know if you are going to be buying a house … [Read More…]
6 questions every lender will ask
Like it or not when you apply for a mortgage you’re going to go through financial scrutiny. How well your financial picture is in order will determine an easy, slow or difficult … [Read More…]
Why harp refinances are dwindling
One of the financial programs aimed at homeowners wishing to refinance in the economic downturn was Making Homes Affordable Harp 2. The program to this day allows people to refinance even if … [Read More…]
3 things you must have for a mortgage loan
If you’ve never bought a home before or it has been many years since your last mortgage transaction, you’ll need to freshen up on the basics. What lenders look for… The 3 … [Read More…]
Does your credit score really drop when applying for a mortgage?
If you are hesitant to apply for a mortgage because you think your credit score will drop, think again. Here is what happens when you apply for a mortgage and get your … [Read More…]
How to cash out refinance a loan bigger than 417k
Lending guidelines were recently loosened on cash out refinance transactions. If you’re looking to refinance and pull out funds for home improvement, or another project, here’s what you should know if your … [Read More…]
