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…]
What to do if you need last year’s income tax returns to get a mortgage
How’s your income? This is the first of many questions a banker is going to ask when you apply for a home loan. Here is how tax returns play a role in … [Read More…]
Home Equity Line Of Credit Loans May Soon Be Adjusting Up
If you have a home-equity line of credit, or thinking about getting one, here is what you need to know to make a smart choice given today’s rate environment. Home-Equity Lines Of … [Read More…]
Will Loans With A Few Payments Left Hurt My Home Buying Chances?
If you’re thinking about qualifying for a mortgage, here’s what you must know if you have payments with a few months left to go. Get the facts… When you apply for a … [Read More…]
Why You’re Burning Money If You Have Not Yet Refinanced Your 4.25 Or Higher Mortgage
If you’re serious about reducing your interest expense associated with your mortgage, refinancing is a guaranteed bet to reduce your payment, reduce your cost of funds and pay off your home faster. … [Read More…]
