There are many reasons why we consider refinancing our mortgage loan, the main reason, of course, is the possibility of saving money on our monthly home payment. Before you actually refinance read through these common refinance mistakes to make sure refinancing is...
Rates are extremely low right now in fact, in December, they are the lowest they’ve been this month in seven years. That means it’s a great time to consider a refinance were buying your first or even your second home. But can you take the money out of your...
Is it Better to Get a 10, 15, 20 or 30-Year Mortgage? There are so many options out there for homebuyers when it comes to a mortgage. Not only are there different options when it comes to the loan itself such as an FHA, USDA, conventional or VA, but the terms of the...
The stated income home loans or self-employment home loans are a great option for anyone that is self-employed but I’ve been asked a lot frequently if self-employed individuals can refinance under this type of loan. Sometimes qualifying for a mortgage can be...
One of the key questions that potential sellers typically ask an agent is, “What is the market value of my home?” Determining fair market value requires experience, knowledge, and honesty in finding accurate comparable sales. In answering this question, I attempt to...
You’ve chosen to buy a house or maybe you’re refinancing and everything’s going along great. The inspection has passed, things look like they’re moving forward, and then you get the appraisal back. Oh no! The appraisal came in lower than...