Mortgage Planning Tips
Mortgage Planning Credit Tips to Get a Lower Rate In a mortgage lender’s eyes, a good credit score translates into lower interest rates for home-shopping clients. The higher your score is, the less risk you represent to the lender, [...]
Renters Have Much to Gain by Pursuing Home Ownership
Should you rent or own? It’s an important question, and financial experts would agree that you should take the time to consider the pros and cons, based on your unique situation. The rewards of home ownership can be significant. [...]
The Benefits of a Professional Consultant
Choosing a skilled and experienced lender is important when it comes to choosing the right loan program when you are buying a home. But it’s even more important when it comes to managing your mortgage over time. A professional [...]
What Are Points and When Should You Pay Them?
Points are up-front fees paid by you in order to obtain a better interest rate on a loan. One point equals one percent of the loan amount. (So, 1 point on a $300,000 loan would cost $3,000.) And while [...]
What is the Difference Between a Broker, a Bank, and a Mortgage Banker?
As you may know, I was a mortgage broker for many years until I became a Mortgage Banker (correspondent lender) in 2009. I made the change because it was better for my clients -- it made it possible for [...]