Your mortgage loan cheat sheet!

Posted on May 25, 2017 at 2:35 am

Whether you’re buying a home or just want to refinance to save money, there are plenty of loan options for you. Here’s a cheat sheet to get you started. For more specific information and options, contact me! Term: 30-year The vast majority of mortgages are amortized over 30 years, which means that there is a […]

Read More

20 Fun and interesting mortgage facts!

Posted on May 4, 2017 at 7:29 pm

Sometimes, you want in-depth, meaningful blogs about home loans and the real estate market. But other times, you just want some rapid-fire fun mortgage facts to keep you informed and entertained! Today is one of those times! So enjoy these 20 interesting mortgage and real estate facts: The first step to getting a mortgage is […]

Read More

Should you buy down your interest rate using discount points?

Posted on April 27, 2017 at 10:04 pm

When you’re starting the process of applying for a mortgage loan, there are a lot of things to focus on, including the interest rate, fees, and whether you want a fixed rate or adjustable loan. But one option on the table that may save some borrowers a lot of money is buying down the rate. […]

Read More

Mortgage and Homebuying Myths and Facts!

Posted on October 20, 2016 at 9:19 am

Myth: Interest rates represent the true cost of my mortgage Fact: Your interest rate is just one part of the total equation that determines the real cost of your mortgage, which includes the cost and fees of the loan, etc. It’s better to look at your APR – Annual Percentage Rate – to see the […]

Read More

Paid off, paid down and underwater – a survey of equity in U.S. real estate (Part 2)

Posted on September 28, 2016 at 10:57 am

Paid off, paid down and underwater – a survey of equity in U.S. real estate The real estate industry, like the economy, has made huge strides since the dark days of bank closings, mass unemployment, and foreclosure signs plaguing once-thriving neighborhoods. In fact, we things are looking absolutely rosy for the housing market again but […]

Read More

A timeline of mortgage history in the United States.

Posted on August 3, 2016 at 7:52 am

Most homeowners have a mortgage, but few every wonder where they came from. In fact, this lending product that allows someone to buy a home while putting down only a small percentage of the purchase price has been around for a really long time! The word ‘mortgage’ itself brings us back through history. The etimology […]

Read More

10 Things you should know about Federal Housing Administration (FHA) loans

Posted on July 6, 2016 at 7:18 am

All about the the FHA Started in 1934, the Federal Housing Administration (FHA) is a government agency that aims to help more Americans access home ownership. They do this by insuring mortgage loans made by other lenders, easing their risk and therefore allowing for a wider range of people to qualify. The FHA officially became […]

Read More

Answering Your Top 8 Questions About Escrow

Posted on May 13, 2016 at 4:06 pm

If you’re refinancing your mortgage or buying or selling a home, there are a lot of dedicated professionals working on your behalf. But perhaps none is more important than your escrow company, which has an invaluable role in protecting all parties and making sure the deal progresses and then closes as it should. Here are […]

Read More

The 5 Pillars of Any Mortgage Loan Approval

Posted on November 29, 2015 at 8:24 pm

Why do some mortgage applications get approved but others denied? These days, banks and underwriters are more discerning than ever, navigating a very fine line between a qualified borrower and another loan rejection on the scrap heap. Unfortunately, when other lenders don’t do their jobs correctly by setting up loan applications to succeed, borrowers become […]

Read More