Bjornson Team Blog2019-08-05T07:10:31-07:00

4 Myths about Mortgage Loans for Doctors

By |February 5th, 2020|

Most physician’s situations just don’t fit into the normal guidelines. With a physician loan, all the challenges can be detrimental if not handled correctly.  Most loan officers have only had experience with any of these types of challenges and unique [...]

Conventional Loans: What are they? Who are they for?

By |January 8th, 2020|

Conventional loans are among the most popular of all the loan options. For those that have good credit, income and down payment, applying for this loan is fast and easy.  Two Types of Conventional Loans There are two types [...]

VA Loans: What Are They & Who Are They For?

By |December 8th, 2019|

VA loans are a great option if you’re Active Duty Military or a Veteran looking to purchase your dream home, pay off debts on your current home, make improvements, or just reduce your monthly payments and lower your interest rates. [...]

USDA Loans: What Are They and Who Are They For?

By |November 8th, 2019|

The United States Department of Agriculture was started with the intention to govern the production of food and assure a safe and sanitary environment to prevent the general population from getting sick. Now, the USDA monitors all aspects of food [...]

FHA Loans: What Are They and Who Are They For?

By |October 8th, 2019|

The Federal Housing Agency is part of the U.S. Department of Housing and Urban Development, and an FHA loan is a mortgage loan, insured by the FHA, and issued by an FHA-approved lender. But where did the FHA get its [...]

The Top MYTHS And MISUNDERSTANDING of Reverse Mortgages

By |September 27th, 2019|

Why is there so much anxiety and so many concerns voiced about reverse mortgages from friends, relatives, and the media? It is very simple. In the beginning, before HUD and FHA were involved in the program, some private reverse mortgages [...]

Safe and Secure

By |September 6th, 2019|

Just a quick note to let you know how I can help you or anyone you might refer to me.  Recently I received a call from Bob, a gentleman who wanted to purchase a condo for his adult daughter. She [...]

Advantages of Using a Reverse Mortgage Line of Credit

By |August 21st, 2019|

Your financial advisor may encourage you to have a line of credit for unexpected (or planned) purchases or shortfalls in cash flow. However, a HECM reverse mortgage has a clear-cut advantage over the traditional credit line, in that it [...]

Bi-weekly Payments?

By |August 16th, 2019|

I had a client the other day who received an advertisement in the mail that looked like it came from my office, but it turned out that it was marketing material from an out of state company!   I am [...]