Category: Mortgage Blog

Is It Time for Me to Refinance?

There are many different reasons that a homeowner would refinance. One may want to gain access to the equity in their home to make home improvements, payoff debts. Another reason is to gain a better rate and or shorter mortgage term.   Cash Out Refinance: A Cash Out Refinance is ...
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CASH TO CLOSE! (Closing Cost)

CASH TO CLOSE (Closing Cost) Closing Costs Associated With a Mortgage Loan: How much money do I need? There are many factors that contribute to the total “Cash to Close” associated with buying a home. There are two factors that contribute to the final figures, one is your down payment ...
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HOW MUCH MORTGAGE CAN I AFFORD?

How Much Mortgage Can I Afford? Applying for a mortgage can be a daunting task for prospective home buyers. The home loan industry has changed dramatically since 2008; home loan companies such as banks and building societies have strict regulations when it comes to buying a home. Before you even ...
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Appraisal vs. Inspection

Appraisal vs. Inspection: What’s the Difference? As a mortgage professional I can not tell you the number of people that do not understand the difference between an inspection and an appraisal. If you fall into this category here is a guide for you: What is an Inspection? An inspection is ...
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Mortgage Loan Pre-Approval Process

Mortgage Loan Pre-Approval Process: The pre-approval process is a very important part of any mortgage loan. Here is a run down of the pre-approval process, the documents needed, and why… The first step for any serious home buyer is the pre-approval process. Now you may think, I have owned three ...
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MORTGAGES AKA HOME LOANS

Mortgages and Home Loans: Buying a home is one of the biggest purchase you are likely to make in your lifetime and a home loan is required.  However, only a few individuals can afford to pay cash outright for a home, so you are likely going to need a mortgage ...
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A Guide for a First Time Homebuyer

A Guide for a First Time Homebuyer: I consider myself a knowledgeable and experienced mortgage loan originator. I have figured out how to work through tricky income scenarios, guide potential buyers on how to fix their not-so-great credit, and figure out if they can afford to buy a home; even ...
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