Category: Mortgage Information Center

What’s Ahead For Mortgage Rates This Week – June 18th, 2018

What’s Ahead For Mortgage Rates This Week – June 18th, 2018

June 18, 2018 |

Last week’s economic reports included the post-meeting statement by the Fed’s Federal Open Market Committee along with readings on retail sales and inflation. Weekly reports on mortgage rates and new jobless claims were also released.

Read More

Is Buying A Short Sale Right For You?

Is Buying A Short Sale Right For You?

June 15, 2018 |

If you have been looking for a new home, and you find one offered under a short sale, this may be to your advantage. While some buyers are wary about buying a home that needs to be sold with the approval of the lender, it’s a great way to get a bargain on a home that you love.

Read More

Questions to Ask When Buying New Construction

Questions to Ask When Buying New Construction

June 14, 2018 |

Buying a new home is exciting. Buying a brand new home can be even more so with the realization of being the first owner and possibly being able to choose your own layout and finishes.

Read More

Fix and Flip: Forget What You See on Television

Fix and Flip: Forget What You See on Television

June 13, 2018 |

The drama of home and garden TV shows may be fun to watch, but no matter what you think, reality shows are not at all like real life. If you think it’s easy to buy a house that needs updating and turn it quickly for substantial profit, you might want to think again.

Read More

Buying A Foreclosure: 5 Things To Know

Buying A Foreclosure: 5 Things To Know

June 12, 2018 |

Buying a property out of foreclosure can be a very smart move, financially. But it can also be complicated, expensive, and stressful.

Read More

What’s Ahead For Mortgage Rates This Week – June 11th, 2018

What’s Ahead For Mortgage Rates This Week – June 11th, 2018

June 11, 2018 |

Last week’s economic reports included analyst assertions that U.S. housing markets are overvalued in over 50 percent of markets. Weekly reports on mortgage rates and first-time jobless claims were also released.

Read More

How To Qualify For An FHA Loan

How To Qualify For An FHA Loan

June 1, 2018 |

Borrowers who cannot qualify for a conventional mortgage are often able to obtain an FHA loan. However, to secure this type of loan, you must still meet certain requirements.

Read More

Understanding Your Debt To Income Ratio

Understanding Your Debt To Income Ratio

May 31, 2018 |

When you are filling out a mortgage application, the lender will be asking you for specific financial information. One of the reasons they ask for this information is to enable the underwriter to calculate your debt to income ratio.

Read More

What You Need To Know About Your Home Appraisal And Your Mortgage

What You Need To Know About Your Home Appraisal And Your Mortgage

May 24, 2018 |

When buying a home, there are certain steps a buyer should go through before the home sale is official. First the buyer makes the offer, then the offer is accepted.

Read More

Selling Your Home FHA? Learn These Tips To Ensure A Smooth Closing

Selling Your Home FHA? Learn These Tips To Ensure A Smooth Closing

May 17, 2018 |

Before an owner can market a property to buyers that want to use a FHA loan, he will want to familiarize himself with the FHA’s standards. FHA won’t insure loans on just any property. While their standards aren’t as stringent as they used to be, a home needs to be in relatively good condition to qualify for FHA financing.

Read More