Mortgages are a great financial tool to help finance a home purchase. For some of our homebuyers, Frequently Asked Questions that come up are, “How can I pay my mortgage…
Mortgage Lenders vs Big Banks: Who Should You Choose for Your Mortgage?
When buying a home, the potential homebuyer’s mind usually rushes towards the type of home they want and what features they are looking for but what about paying for it?…
What is the Closing Disclosure?
The Closing Disclosure (CD) outlines the terms of a new mortgage to the potential borrower so that they can review it before signing final loan documents. The Closing Disclosure has…
Delayed Financing: What is it?
Delayed Financing is a refinance mortgage option for borrowers to get a mortgage loan on a home that they just purchased using all cash to close on their property. Why…
Investment Properties & Mortgages: What You Need to Know
Qualifying for a mortgage loan can prove to be difficult when you just have one property; add investment properties and you can be in for a real treat. While the…
Lender Requirements Adjusted with the New Home Buyer in Mind
If you are on the fence about purchasing a home, now may be a good time to start seriously considering it. Mortgage lenders have been adjusting their home buying requirements…
Significant Increase in New Home Sales for Q1 in 2018
Although we will not see data on new home sales until later this Spring, the Mortgage Bankers Association (MBA) is forecasting a considerable increase in new home sales in Quarter…
Rapid Rescoring & Your Credit Scores
If you are applying for a mortgage and have a less than spectacular credit score, there may be a solution. The process is called Rapid Rescoring, a service that mortgage…
Tax Reform Law Chart – Provisions of Interest to Real Estate Professionals
We have been getting a lot of inquiries about the new Tax Plan from our Real Estate colleagues as to how the new Tax Plan will impact them and we…
The Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) is an agency of the United States government responsible for consumer protection in the financial sector. The Bureau’s purpose/goal is to make consumer financial…