Down Payment Assistance: What Are Your Options?
Every month you pay rent on a home that will never be yours. It's like dumping money down the drain. You would rather be making a mortgage payment each month, if only you could save up for a down [...]
Fed Rate Cut & Mortgage Rates – What Does this Mean to Me?
You may have heard - a few days ago, the federal reserve announced a rate cut. Here’s what that means... Fed cutting rates are a short term overnight bank to bank lending rate which DOES NOT have a direct impact [...]
Worried about a secure retirement?
Do you worry about how you will retire at an age that isn’t 90? Most people with an average income do. You may not have huge savings or 401K. Many don’t. However, today’s homeowners are using a reverse mortgage to [...]
If you think your credit score is good enough, think again
A few years ago, I was talking to a client (Let’s call her Mary) whose home I had financed. We were just catching up with each other and she mentioned she was thinking about buying a new car. I offered [...]
4 Myths about Mortgage Loans for Doctors
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?
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?
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?
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?
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 [...]
