How to get a mortgage?
Updated Oct. 9, 2013
There is an abundance of information available through what seems to an infinite amount of media outlets. It is more important now then ever before in the mortgage lending process to make sure you speak with a mortgage professional as early as possible once you've decided to buy a home or refinance one. The...

How to make sure you get approved for your mortgage!
Updated Oct. 9, 2013
Today, with the lenders adhering to guidelines tighter than ever before, it is extremely important to talk to a Mortgage Professional to make sure you are informed. When you sit down with your Realtor to discuss homes that you'd like to look at, you should speak to a Mortgage Professional to get qualified...

Mortgage Advice, did you know ?
Updated Oct. 9, 2013
Remember when you decide your ready to search for a home, it is extremely important to speak with a mortgage pro as well. Here are two tips to help you get your financing without hassles.. Lenders will ask for your last two months of bank statements for any accounts you will be using the funds from for your purchase,...

How to handle collection agencies!
Updated Oct. 9, 2013
Ten Rules for Handling Collection Agencies . 1. Realize that Credit collection agents are usually working on commissions. This is a JOB to them and the more they get you to pay, the larger their paycheck. They will be persistent, so be prepared. 2. Don't argue with the agent, because you will lose. This is what the do...

Home Inspectors
Updated Oct. 9, 2013
Ten Important Questions to Ask Your Home Inspector . 1. What does your inspection cover? The inspector should ensure that their inspection and inspection report will meet all applicable requirements in your state if applicable and will comply with a well-recognized standard of practice and code of ethics. You...

National Association Of Realtors report
Updated Oct. 9, 2013
NAR: Housing Affordability Index to set annual record for 2012. Jan 10, 2013. With 11 months of data reported, 2012 will be counted as a record year for favorable housing affordability conditions, according to the National Association of REALTORS (NAR).. NAR's national Housing Affordability Index stood...

What credit score do I need to get a mortgage?
Updated Oct. 24, 2014
Many prospective home buyers are wondering if they can qualify to buy a home. The problem is there is a lot of information out there that can be misleading. One of the most important factors as to whether or not you can qualify for a mortgage is your credit score.. From our experience we find that most borrowers...

FHA Loans. Did you Know?
Updated Oct. 9, 2013
FHA Guidelines have been changing what seems to be on a monthly basis. The latest news regarding FHA loans is another increase in fee generation so that HUD doesn't go broke.. Within the last 3 years the upfront mortgage insurance premiums and monthly mortgage insurance premiums have changed mostly for the...

Self Employed
Updated Oct. 9, 2013
Self EmployedA few tips to help the self employed borrower.Unfortunately because of abuse and miss use of loan programs true self employed borrowers have felt the crunch more than most. Stated income loans have virtually gone away, there may be a couple lending institutions in the country that will entertain...

First time Home Buyers
Updated Oct. 9, 2013
First time Home BuyersIn today's real estate market it is very important to use professionals to help you with your purchase transaction. The three most important professionals that will be involved in your transaction are Mortgage Professionals, Realtors and Attorney's.. Most prospective home...

Sellers Concessions
Updated Oct. 9, 2013
Did You Know ?. When buying a home you can receive up to a 9% sellers concession to help cover your closing costs!. That's right 9% towards closing costs on a conventional loan if you are at 75% loan to value or less and are buying a primary residence or second home. You can receive up to a 6% concession from over 75%...

Is Credit Repair An Ethical Solution To A Big Problem?
Updated Oct. 9, 2013
Is Credit Repair An Ethical Solution To A Big Problem?Many wonder if it's unethical to attempt to remove valid bad credit issues from a credit report.I say, "Yes, it is," and here's why.The credit reporting and ranking system has been and continues to be unfair to American consumers. We are forced to...

FHA Changes
Updated Oct. 9, 2013
Important reminder!. All FHA loans that receive a case # from April 1st forward will be required to pay monthly mortgage insurance premiums for the life of the loan regardless of your loan to value.. Don't delay if you need to take cash out or lower your rate contact us now to take advantage of the current...

Home Buyers Bible
Updated Oct. 9, 2013
Today, with the lenders adhering to guidelines tighter than ever before, it is extremely important to talk to a Mortgage Professional to make sure you are informed. When you sit down with your Realtor to discuss homes that you'd like to look at, you should speak to a Mortgage Professional to get qualified...

At a glance the difference between Conventional and FHA
Updated Oct. 24, 2014
An FHA loan only requires a 580 credit score (some lenders will go even lower but usually at a high cost, and any score under 580 requires 10% down payment) to get up to 95.6% financing and up to a 6% sellers concession, the better your score the better the rate will get up to a point. FHA will allow up to a 55% back end debt...

Reveres Mortgages Help Retirees
Updated May. 2, 2014
Are you 62? Would you like to retire now but can't afford it yet? Reverse Mortgages are government backed and can help you bridge the gap for full retirement from Social Security. If you want to get the maximum payment from social security and your benefit at 62 doesn't provide the income you need use a...