What will my closing costs be? A good estimate for a buyer to determine closing costs is about 1%-2% of the purchase price for the subject property. Keep in mind…

We are now accepting conventional conforming loans up to $750,000! Although they haven’t been officially released by the Federal Housing Finance Agency, we at Bluefire Mortgage Group are honoring these…

One truth about building a strong credit and FICO score profile is that it takes time. An individual can not jump from having no credit history to excellent scores quickly….

Today’s economic landscape offers more ways than ever to earn additional sources of income. With more people choosing to pick up side jobs with the growth of the gig economy,…

Bridge financing, also known as bridge loans or bridge funding, is a short-term mortgage financing option used to provide immediate cash or bridge a financial gap between two transactions. It…

California is home to the largest number of high-cost living counties in the United States. High property values in these areas generally result in larger-than-average loan amounts. This has a…

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…