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

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 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

“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

“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

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