The most common question mortgage lenders face immediately upon connecting with a potential borrower for the first time is “what would my interest rate be?”. While this is a logical…

Key Mortgage Terms As if mortgages weren’t confusing enough, there are all sorts of big words and vernacular that we don’t use in day-to-day life. To help clarify some of…

Mortgage Servicing: What Happens After I Get My New Mortgage Loan  Overview Mortgage loans contain some of the longest repayment periods across all financing instruments. With loan terms that can…

Overview Property taxes are a reality for homeowners no matter where they live across The United States. The amount of property tax you owe, when the payments are due, and…

Overview Buying a home in Q4 of 2022 has proven to be challenging in a variety of ways. Given the recent turbulence in the equity & real estate market, many…

What is a 7/6 ARM? A 7/6 ARM is an adjustable-rate mortgage fully amortized over 30 years. During the first 7 years of the loan, the interest rate will remain…

With interest rates increasing, new strategies need to be considered when attempting to purchase a property. As the residential real estate markets are settling to the point where they are…

Contrary to down payment assistance programs, the 10% down payment assistance grant program, or “Forgivable Loan,” is designed for low income borrowers and is completely forgivable if borrowers meet certain…

When purchasing a house, first-time home buyers tend to think about the cash needed to cover things like closing costs and the foreboding down payment. We collaborate with the sponsor…

FHA 203(k) Loans, or “Renovation Loans,” allow borrowers to finance costs associated with renovations within a single mortgage loan. They are specifically designed for borrowers who want to remodel or…