April 2019
Appraisals
April 23, 2019  |  

An appraisal is key component in the home buying process, especially if you are using a mortgage.   Those paying cash for a home have the option to waive an appraisal, but many still get one.  So what is an appraisal and what purpose does it serve for loan approval?  An appraisal is designed to determine […]

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April 2019
The Escrow Process
April 23, 2019  |  

Around here, we try to do as much of the mortgage process as we can before you find the perfect home.   My goal is to qualify buyers completely, narrow down loan programs and finalize down payment strategy…all before they make an offer on a home.  So once you’ve done all of your mortgage homework and […]

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April 2019
Wire Fraud – How to Protect Yourself from a Major Scam
April 19, 2019  |  

As technology advances, it’s become more and more integrated in the mortgage process.  At this point you can obtain financing entirely online and via email communication – which is great for convenience, but unfortunately it’s opened the door for wire fraud in a very scary way. In the real estate industry, wire fraud has jumped […]

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April 2019
Is FHA the lowest down payment option?
April 09, 2019  |  

Qualifying for 3% down on a Conventional Loan… Many people still assume that FHA is the lowest down payment option when it comes to buying a home.  However in 2014, both Fannie Mae and Freddie Mac released conventional loan programs allowing for a 97% loan-to-value…meaning 3% down on primary residence purchases.  FHA requires a minimum […]

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