February 2019
When the mood strikes – to buy a home – who do you call first?
February 26, 2019  |  

If you were headed out to buy a car today, you would likely have a budget in mind.  Impulse shopping aside – usually when we are looking to make a purchase, we know our limits.  Even clothing shopping – we have our go to stores, sections and sales.  There are certain stores we save for […]

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February 2019
Mortgage Insurance – How do I get rid of it?!
February 18, 2019  |  

Are you familiar with mortgage insurance and how it works? When a borrower puts less than 20% down on a home purchase, the bank requires mortgage insurance to be included in their monthly payment.  This insures the bank against the risk of you defaulting on your mortgage.  In a sense, since you have a less […]

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February 2019
Who’s got it better – W2 Wage Earners or Self-Employed Borrowers?
February 11, 2019  |  

I recently had a conversation with a self-employed borrower who felt like the mortgage qualification gods were out to get him.  We often hear from business owners that the income guidelines for mortgages seem stacked against them.  The statement I hear the most is: “There is no guarantee that a regular employee won’t lose their […]

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February 2019
Did you know a seller can pay off a buyer’s debts to qualify them for the loan?
February 05, 2019  |  

That was a click-bait headline. Before you stop reading – it is true, for VA loans. Our current market has softened a bit, which is putting sellers and buyers in a unique situation. We have quite a few sellers who have identified their next home, are in contract to purchase it….subject to selling their home. […]

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