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Mortgage News, Tips and Resoureces

July 10 2018

The Pros & Cons of Getting a Rehab Mortgage

Those looking to purchase or refinance a home and renovate it have additional mortgage options compared to those who just want to do the former. For example, the 203(k)....

July 02 2018

What Does the FHA Do?

The Federal Housing Administration (FHA) is a part of the U.S. Department of Housing and Urban Development (HUD). While you have likely heard of this government agency....

June 29 2018

Fast Fact Friday: 30% of first-time home buyers are now Millennials

#FastFactFriday - 30% of first-time home buyers are now Millennials - It's a digital world

 

June 22 2018

Fast Fact Friday: Is there such a thing as getting Pre-Approved too early?

#FastFactFriday - Is there such a thing as getting pre-approved too early in the home buying process? Is it better to wait until you are beginning the home shopping....
June 08 2018

What Impacts Your Credit Score?

When looking to secure a home mortgage loan, your credit score must be up to par. While some loans are more flexible than others in terms of credit requirements, you still....

May 25 2018

Pre-Qualification vs. Pre-Approval vs. Commitment Letter

Buying a home can be competitive, whether it’s a buyer’s or a seller’s market. You may find the perfect property that checks every box off your wish list, but fail to act....

May 18 2018

5 Things to Know About Fannie Mae HomeStyle Loans

The Federal National Mortgage Association, commonly referred to as FNMA or Fannie Mae, offers the HomeStyle® Renovation Mortgage. This loan is specifically designed to....

May 04 2018

What is the Mortgage Escrow Process?

The term “escrow” is applicable to various industries, but you’re probably most familiar with it in the context of buying a property.

By definition, “escrow” refers to “a....

April 18 2018

6 Benefits of a VA Loan

If you or your spouse has ever served or is currently serving in the military, you may be eligible for a VA loan. This type of mortgage loan is guaranteed by the U.S.....

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