When searching for a property, it is a good idea to understand the rules and guidelines of each of the three main property types: Primary residence, a Secondary residence, and…

The mortgage loan process requires many essential critical components. Some of these components consist of vendors, such as escrow companies, title insurance providers, as well as the IRS for tax…

In the past few weeks, we have seen major changes in our world, economy, and lives. The COVID-19 health crisis is spreading viciously throughout the entire world. Individuals and businesses…

The coronavirus pandemic has caused massive volatility in the financial and mortgage markets. In the past few weeks, there have been dramatic shifts in interest rates that are rarely seen….

Our office has been getting inundated with requests as to how COVID-19 and the surrounding events are impacting their mortgages, so we decided to put a quick FAQ post about…

There are four types of private mortgage insurance that are issued with Conventional loans. Figuring out which one is the right fit can be challenging as each type of Mortgage…

Mortgage lenders have a systematic approach to determine how a borrower qualifies for a specific interest rate. While it may seem obvious that borrowers want to receive the lowest interest…

An impound account, also known as an escrow account, is a prepaid account set up by a lender to collect the borrower’s property taxes and homeowners insurance premiums. These payments…

Many things in the mortgage industry have changed and evolved throughout the years. One aspect of the mortgage loan process that continues to stay the same is how mortgage loans…

When it comes to purchasing a home there are a few obstacles that a borrower may come across. The most common obstacle is being able to save for a down…