While being self-employed can make the underwriting process of getting a mortgage more difficult, it by no means makes it impossible and with these tips, you can make it that…
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…
Federal Housing Finance Agency Increases Loan Limits for 2018!
Just announced, the Federal Housing Finance Agency (FHFA) is increasing conforming loan limits for mortgages.. Every year, as required by the Housing and Economic Recovery Act (HERA), Fannie Mae and…
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…
Common First Time Homebuyer Mistakes
Some common First Time Homebuyer mistakes that we frequently see when it comes to new buyers making offers on property in a busy real estate market include some of the…
GOP Tax Plan
Republicans are releasing an outline of their new tax-reform plan this week, hoping to pass the bill before the end of the year. The GOP’s plan would reportedly double the…
The Do’s and Don’ts of Credit when Applying for a Mortgage Loan
Do’s Do start checking up on your credit report for inaccuracies/late payments and fix the issues several months in advance Do dispute major inaccuracies, like accounts that don’t belong to…