The Rules Have Changed for Mortgage Loans
— All About TRID (the new mortgage disclosures) Starting this week – after October 3rd – getting a mortgage loan has a new disclosure process designed to help the consumer understand, in a clear format, the complexities of a real estate...Year of the Boomerang Buyer – Home Loans After Bankruptcy
2015 is looking to be the year of the boomerang buyer, or repeat homebuyer. The housing crash in 2008 caused financial hardships for many, but now buyers are looking to get back into the market to purchase a home and take advantage of the low rates and rising...How Rising Interest Rates affect Borrowers and Affordability
Average mortgage rates jumped from 3.5% in April to 4.125% in July on 30-year fixed rate conventional loans, an increase of .625%. Due to increase in rates, home buyers have lost around 7.5% in purchasing power in just the past four months. HOW RISING INTEREST RATES...5 Fast Ways to Raise My Credit Score
Want to buy a house? Wondering if you can qualify? We can help and now is the time to get started. Give us a call and we can review your credit situation and even pull a complete credit profile for FREE! The major purchases you make, like a home or a car, are...
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.