Closing Costs Explained

Closing Costs Explained When purchasing or refinancing a home, you will undoubtedly run into a complex list of closing costs. These costs can range from ten dollars to thousands of dollars. So how do you […]

FHA loans – What Are They? An FHA loan is a mortgage loan with flexible underwriting guidelines backed by the Federal Housing Administration (A Department of HUD).  FHA loans are extremely popular with first time […]

Mortgage Inspection

Home Inspection Red Flags

So you have found the home of your dreams. It fits your vision and lifestyle, and you are pre-approved to expedite the purchase. It is an exciting time, becoming a homeowner. One of the first […]

The Cost of Waiting

Interest Rates Won’t be This Low for Long Waiting to buy a house could be costing you money. Homeownership has significant financial benefits, and yet, for the first time in 50 years, we have more […]

Credit Scores Could Rise Next Month!

Starting next month, you might notice a boost to your credit score. Here’s what you need to know. Credit Score: What’s Changing? Beginning today, the three major credit bureaus – Experian, Equifax and TransUnion – […]

How Long Does it Take to Close a Mortgage Loan?

  This is such a common question, I decided to write this article to help any potential home buyers. It is very common to have a new consultation scheduled with a an upset borrower because […]

Mortgage “Advisors”

More and more loan officers are presenting themselves as “trusted mortgage advisor” and “mortgage planners.” Unfortunately, there are no standards in the industry for these terms. Disregarding titles, it is important for anyone making this […]

The Perfect Loan Application

The Perfect Mortgage Application

The media has it all wrong – securing a mortgage approval and satisfying credit underwriting guidelines are not the challenges facing mortgage applicants. It is meeting the rigorous documentation requirements in the mortgage application that […]

Are you VA Loan Eligible?

Check your VA Loan Eligibility for free U.S Veterans have access to arguably one of the nations best home loan options.  The VA home loan also called the “GI Bill” or “Montgomery Bill” is guaranteed […]

Mortgage Pre-qualification and Pre-approval

Pre-qualification vs Pre-approval

Pre-qualification vs Pre-approval are terms used in home finance to determine how qualified a borrower is. Many applicants I have met with believe the two terms to be synonymous when nothing could be further from […]