Brett Sampson's (bsampson) Blog

One of the most common questions I get is “How much will I have to put down?”Here are your minimum down payment options on the loan products currently available in the market place.Loan Programs…VA loan: No down payment necessary. No monthly MI. This is the best loan going if you can qualify for ...

When it comes to your mortgage payment your credit score can affect your interest rate, and your home owners insurance rate.There is another part of your payment that is also affected by your credit score… Your mortgage insurance payment on Conventional loans.Let me give you some examples of how ...

Are planning on using your bonus income or overtime income to help you get a mortgage?…If so, then there are three important things you need to be aware of:1) We can’t use bonus income or overtime income unless you can prove you have been receiving this income for 2 years.2) The employer has to i...

Did you know there was a federal law in place to protect borrowers who have Conventional loans with private mortgage insurance?The law includes two basic consumer protections:It requires lenders to inform home buyers-both at closing and annually-about their right to request mortgage insurance can...

Here’s a tip for those of you with deferred student loans trying to get an FHA loan…If your student loans are deferred, and there’s no payment listed on your credit report it’s a good idea to contact your loan servicer and find out what your payments would be if you started making payments today....