For the sixth week in a row, the average rate for a 30-year fixed mortgage was nearly hitting its record low mark. This week we saw the rate for a 30-year home loan hover at 3.99%,… Read more "30 Year Fixed Mortgage Rates New Record Low Again"
Whether you’re a First-Time Home Buyer or seasoned investor, the mortgage approval process can be a slightly overwhelming adventure without a proper road map and good team in your corner. Updated program guidelines, mortgage rate questions… Read more "What is the Mortgage Approval Process?"
What’s private mortgage insurance policy and just why do I want it? Personal mortgage insurance is insurance offered by the debtor to get the creditor to secure the creditor in the event the borrower defaults on… Read more "Private Mortgage Insurance, Yuke! How can I get rid of it?"
One of the most common questions I get asked on a daily basis other than “What is the rate?” is “What is the best loan for me?” To answer this question requires a thorough understanding of… Read more "Is a FHA loan right for you?"
Even a VA (Veterans Administration) fully guaranteed mortgage loan is your favorite loan application for busy, non-active, Reserve, National Guard, and retired military of the military since there’s not any advance payment needed and also no… Read more "VA Mortgage Loans"
Even the FHA’s mission driven company encourages homeownership and affordable housing opportunities with reduced payment and flexible credit score conditions. Since 1934, the FHA has covered hundreds of of dwelling developments with market share of 30… Read more "FHA Mortgage Loan"
Most creditors would think about a traditional mortgage for financing which adheres to the recommendations put forth by Freddie Mac and Fannie Mae, both government sponsored enterprises (GSEs) offering liquidity in the mortgage marketplace. Technically speaking,… Read more "Conventional Home Loans"
Even the home buying process is packed of paper-work , crucial dates, contracts, and market motions along with checklists which could also overwhelm seasoned property investors. Some of the principal reasons to be certain that you’re… Read more "Closing Process"
Can I get a Loan? This is a great question, especially in today’s tough lending environment. Today, everything is on sale when it comes to real estate, but for most of us, we will need some… Read more "Am I Lendable?"
As many experienced realtors have an overall comprehension of the mortgage endorsement procedure , there certainly are a couple of significant details that usually get over looked that can give rise to a cost to be… Read more "Seven Things Your Agent Should Know About Your Mortgage Approval"