Thumbnail image for How To Buy A Home Without 20% Down And No Mortgage Insurance

How To Buy A Home Without 20% Down And No Mortgage Insurance

The days of needing 20% down to buy a home are long gone. To compensate, lenders charge private mortgage insurance as means to offset risk, driving up would-be borrowers’ mortgage […]...

Thumbnail image for Why Hiding Income From Your Lender Is A Bad Idea

Why Hiding Income From Your Lender Is A Bad Idea

16Nov2014
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Applying for a home loan? Omitting, hiding, manipulating or not showing income, may be a gray area with your mortgage company. What to know… When you apply for a home […]...

Thumbnail image for Pre-approved and House Hunting? How Maternity Leave Factors Into The Mix

Pre-approved and House Hunting? How Maternity Leave Factors Into The Mix

Looking to buy a home with a munchkin on the way? The details of your temporary leave may impact your ability to perform when you identify a home. Here’s what […]...

Thumbnail image for The Biggest Mortgage Size You Can Get These Days

The Biggest Mortgage Size You Can Get These Days

Buying or refinancing a home in a high cost market?  With so many attractive interest rates advertised and loan programs available in the lending environment today deciphering what interest rate […]...

Thumbnail image for 5 Income Sources You Can’t Count Against A Mortgage

5 Income Sources You Can’t Count Against A Mortgage

It is not by happenstance, that lenders place high importance on income, but rather microscopic compliance regulations imposed on them by the Consumer Financial Protection Bureau (CFPB). Have one or […]...

Thumbnail image for This Credit Mistake May Cost You A House

This Credit Mistake May Cost You A House

19Oct2014

Your ability to purchase a home with financing is predicated on how much net income you have after all monthly debts. If you’re consumer liabilities absorb your income, particularly in […]...

Thumbnail image for Funky Property Types You Can Still Get A Mortgage On

Funky Property Types You Can Still Get A Mortgage On

Looking to purchase real estate other than a traditional cookie-cutter single-family home? If you’ve ever been told you can’t get residential mortgage financing on that oddball property, think again. While […]...

Thumbnail image for This Mortgage Cost No Longer Makes Financial Sense

This Mortgage Cost No Longer Makes Financial Sense

06Oct2014
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For anyone who got a mortgage in the last few years with little equity, most are all-too-familiar with mortgage insurance, the added premium built into the mortgage payment insuring the […]...