Federal law now entitles you to receive a FREE copy of your credit report each year from the three credit bureaus: Experian, Equifax and TransUnion. These reports will alert you to any errors and update you on your creditworthiness. It is recommended that you stagger your request for these reports throughout the year. That way […]
Technology today is a wonder! We are able to do more things with our smartphones than we could just a few years ago. Homebuyers (over 90%) use video tours, digital signing and home search sites such as ZillowⓇ to get information about homes, neighborhoods, schools and even future neighbors. With all this technology happening, homebuyers […]
As a homeowner, I would like you to recognize that as the professional who might have helped you buy or sell a home I can be a valuable resource while you are owning your home also. Think of me as a homeowner’s resource because I can make recommendations about services throughout the years you are […]
Often when we think about buying a home, we most instinctively think about a 30-year mortgage. Paying over 30 years makes our monthly payment a bit lower than choosing a 15-year mortgage and the principal and interest is pretty consistent. For decades, homeowners believed they would always have a mortgage payment. But today with the […]
If you are going to own a home then you are going to need home insurance. This is a must for most mortgage companies that you have some type of insurance on your home. Lenders may only require fire insurance but depending on where you live you may want more like hurricane coverage or flood […]
Over the last several years, there have been a variety of factors that have led to a rental unit shortage especially with single-family homes. Due to this shortage, rents nationwide have been increasing. In most national markets, it costs considerably less to own than to rent. Paying less on a monthly mortgage to buy a […]
Are you one of the people who don’t really care about your credit rating until you need it for a loan? If so, you are taking a chance on being denied future loans and/or delaying any decisions on financing. A common issue is not reviewing and correcting items recorded on your credit report. There are […]
The ultimate goal of today’s renters is to own their own home. But many just continue to pay rent month to month and miss out on the emotional and financial advantages. I can recommend a mortgage professional that will help you explore programs for low or no down payment. Veterans often get special consideration and […]
A higher house payment doesn’t mean your home is more valuable. It means that you got a mortgage loan rate higher than it has to be. If you are looking to lower your monthly mortgage payment then an adjustable rate mortgage can do that for you only factor to consider is how long are you […]
First-time home buyers and repeat home buyers are often faced with determining which loan product they want to use. You have a certain amount of money you can use for a down payment, so should you go FHA or Conventional? Fannie Mae re-launched its Conventional 97% LTV conventional loan program in December 2014. Now the […]
