As home prices increase it is not uncommon for homebuyers to purchase a home with another party. But how many names can you have on a single mortgage? The answer to this question is that there is no actual legal limit as to how many names can be on one single home...
A jumbo mortgage is one that loans out a larger amount of money than the highest amount allowable to loan out for a conforming or conventional loan. Currently, jumbo mortgage interest rates are at a 25 year low and their current rates are even lower than traditional...
How to Prepare for a Home Loan Application Planning for home ownership is just as important as homeownership itself. Being prepared from the beginning can put you in a better place overall not only now but in the future. Nobody wants to purchase a home only to be...
Getting approved for a mortgage could get a whole lot easier! If you’ve ever financed a car you know how much paperwork there is, well, buying a house means quadruple that paperwork. There literally is a paper to sign stating that you’ve signed the...
A question I am asked often is what information and / or documents do I need to provide? Because I am required to verify your income and financial information before giving you a mortgage loan, the items I request will provide the most complete picture of your...
Welcome to my Blog!
Here you’ll find tips, updates on mortgage laws and changes that can affect your loan or approval. Check back often for more great ideas.