When buying a home, your down payment is most likely the largest upfront expense. A lot of future first-time homebuyers can reasonably afford monthly mortgage payments, however, the initial cost…
When applying for a mortgage it is important to understand who and what determine your eligibility. With every loan program there are a set of guidelines that need to be followed. …
According to homes.com buying a new home is one of the most stressful experiences in modern life. Luckily, working with a great loan officer can go a long way in…
When purchasing a new home, the down payment is not all you have to bring to the closing table. Every transaction will come with closings costs. These costs get paid…
According to the Consumer Financial Protection Bureau’s 2020 report – 8.9% of conventional and nonconventional mortgage loans were denied in 2019. During the mortgage process there are several do’s and…
During a real estate transaction there are two types of escrow accounts: a real estate escrow account and a mortgage escrow account. When purchasing a property, you will need to familiarize…
Florida is a unique geographical area where attached condominium units are scrutinized by investors more than any other state. If you are thinking about buying a condo in Florida and…
In today’s housing market, demand is extremely high, and supply is low. Freddie Mac (the second largest mortgage loan servicer in the country) estimates the US is 4 million homes short of…
What is a Non-QM Loan? Non-QM (or Non-Qualified) mortgage products allow borrowers to qualify for a mortgage using alternative income solutions. These programs typically are designed for self-employed business owners,…
Your credit score is one of the most important factors lenders check when reviewing a mortgage application. The higher your scores, the more likely you are to be approved with…
