Shopping for a home before you’ve nailed down your price range is not only unwise but can be truly disappointing. You may have a vague idea of what you can afford, but before you’ve talked with a lender, it’s hardly possible to grasp all the costs involved or the options available to you including those… Read More
Video: Choosing the Right Lender Makes All the Difference I’m not sure how many people realize how critical it is to choose the right mortgage lender when you’re buying a home. Unfortunately, by the time you find out you’ve made the wrong choice it’s usually too late. As a Realtor, I learned very quickly which… Read More
Millennials are known for being bright, quick to adopt, and intent on exploring online interaction opportunities, but according to a well-known financial fitness website, Millennials prefer a solid, face-to-face relationship when it’s time to purchase a home. Millennials are overwhelmingly choosing local Realtors and Mortgage Lenders over the growing uncertainty of online home buying options…. Read More
Rent vs Buy at the Tipping Point, 65 Percent into the Buy Zone. In several instances recently I’ve helped put folks into a home of their own for far less in monthly mortgage payments, than the cost of rental homes they were looking at or living in. In each case the homes they purchased were… Read More
Are you ‘Unscorable’? Doesn’t Make You Unreliable. Home Buyers might feel that if they have no bad credit, they are automatically a good credit risk. This isn’t always the case. Some potential home buyers may have no credit at all and mortgage lenders frown on that. All may not be lost if you have no… Read More
Video: Is a Reverse Mortgage Right for You? What You Should Know. There’s a lot to consider when researching the pros and cons of a a reverse mortgage. This video gives you some basic facts about every reverse mortgage, so that you’ll know what questions to ask before you contact a mortgage lender. One other… Read More
Mortgage Terminology 101– One of the most frequently asked questions for potential home buyers at the beginning of their process is “What’s the difference between a Mortgage Lender, Mortgage Banker and a Mortgage Broker, and which should I use? I always refer my clients to a mortgage professional for answers, but the article below does… Read More
Though you may be willing to spend a certain amount, the real determination of how much house you can buy is driven by how much a lender calculates you can afford. Gone are the days when “creative financing” could be used to manipulate your credit worthiness or your ability to buy a home. Government regulation… Read More
