A winner for those having difficulty refinancing at today’s low interest rates due to insufficient earnings. PROS (Several) Debt-to-Income (DTI) Ratio can be as high as 65% – Example Below (if you like math) $500 Appraisal Fee Credit Waiver of FHFA’s 0.50% Continue Reading
HUGE Competition among Mortgage Lenders… Who Should You Choose?
Truth: There is an usually high numbers of incentives being offered today. Here's, why: The lowest interest rates in history during 2020 also gave rise to the biggest refinance boom in history. Residential mortgage lending originations were estimated to total $3.4 Continue Reading
Mortgage Deal Breakers
MORTGAGE DEAL BREAKERS There is nothing wrong with the above statements, but unfortunately the bad apple borrowers have spoiled it for new borrowers. It is completely understandable that consumers would think twice about having to “jump through hoops” just to get a Continue Reading
Let’s Talk FHA Refinancing
“Seriously? I don’t need an appraisal or to show my tax returns to refinance my mortgage?” Getting a conventional mortgage is usually more advantageous than an FHA mortgage. This is mainly because there is either no monthly private mortgage insurance (PMI) Continue Reading
Down Payment Gifts: “Thanks Mom & Dad”
“You’re welcome, son. Just make sure to pay us back despite what we had to sign for you.” Buyers often forget that a gift can be a quick fix when there are insufficient funds for the down payment and closing costs. Gifts can also be used to boost the down payment to 20% – Continue Reading
RENO’s with the Best & Worst ROI
Some of the most popular renovations, such as a kitchen remodel or landscape upgrade, are likely to cost your sellers more than they’ll get back at resale. And a major mistake sellers make when undertaking home improvement is tailoring the project to their own personal Continue Reading
First-Time Home Buyer Tips & Tricks
If you are trying to get out of the rental game and jump into a home of your own, you may feel a little overwhelmed. Where do you start? How do you save for the down payment? What will the payments look like? Consider these tips to set you on the right path. Figure Continue Reading
White Glove USA is Here to Save the Day!
It is said that moving is life’s third greatest source of stress, behind only divorce or the death of a loved one. That’ is why White Glove Moving, Storage & Delivery we Make Moving Easy. At White Glove Moving, our 20 years of moving experience and our professional, Continue Reading
How to Successfully Remodel
Remodeling can be such a pain in the *&$. But, if you are prepared and ready to go, the process can be a piece of cake. Here, we have compiled a list of do's and don's that are sure to help you seize the highs and release the stress. So stay motivated, and get ready to Continue Reading
Prepping For That Home Inspection
Ugh...the dreaded home inspection. At this point in the process, sellers are biting their nails and buyers are ready to request the world. And what about the realtors? They are on the sidelines sending up a silent prayer for a short report. Even though this makes for a Continue Reading
