There are many articles written on what things to do, when applying for a home mortgage loan. However, in this article, we will discuss some common mistakes seen when applying for a home mortgage. Avoiding all of the items listed below in this article, will increase your chances of not only getti...

01/29/2018

Appraisal Waivers & Increased Debt Ratios - For Conventional Loans

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In recent months, we have continued to see the evolution of lending standards on Conventional loans, in a good way. The days of no income verification loans and other various programs that existed a decade ago, will not soon return. However, we are seeing easing of certain lending standards. This...

01/22/2018

Bi-Weekly Mortgage Payments – Are They Worth It?

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The idea behind the bi-weekly mortgage payment, is that you make half a mortgage payment, once every two weeks, instead of making one full payment per month. Annually, this allows you to make thirteen payments instead of twelve. If you stick with payment program, it would allow you to pay off a t...

01/08/2018

How Much Of A Down Payment Do You Need For A Home Purchase?

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If you are looking to purchase a home, your down payment will vary based on whether or not you will occupy the home, the property type and the loan type you obtain. Please find this handy guide, that breaks down a basic overview of down payment, based on whether you are purchasing a primary home,...

01/03/2018