We all know things happen that are out of our control. An unexpected medical bill or a car emergency. These types of situations can throw off your whole budget and cause you to worry about missing a mortgage payment or several payments. Do you know what to do? Contact Your Mortgage Servicer Always be prepared to tell the why you can’t make your monthly payments and whether or not this is temporary or permanent and
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Purchasing a home is a major milestone that on many people’s to-do-lists. You can take control of your home-buying process by understanding what it takes to purchase a home and what you should be asking. Buying a home can be exciting but, it also can lead to some regret home-buying mistakes and with the housing prices gong up the added stress can confuse the process. Let’s look at some ways to prepare yourself of your
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Just over a quarter of a million veterans live in Nevada as of 2018 and we’ve got a list of major benefits that you may not know about that includes a veteran home in Boulder City. VA Home Loans We offer A $0 down payment mortgage option available to Veterans, Service Members and select military spouses. These loans are guaranteed by the U.S Department of Veteran Affairs. Contact Us Today! (702) 696-9900 Our experienced
Read MoreIncome flexibility help to meet the diverse needs of today’s home buyers by expanding access to creditworthy, low- to moderate-income borrowers. The non-occupant borrower income flexibility allows a parent, or anyone else willing and financially able, to be a borrower on the loan. Example: A millennial couple is buying their first home, and his mother would like to help. She is willing and able to be a borrower on the mortgage loan, but she will
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Tips for First-Time Home Buyers If you search the internet for ‘home buying’ you’ll find an abundance of tips and tricks but they’re all pretty much the same. The end result is you purchasing your dream home so we’re here to help you through the process from start to finish. There are 4 categories: Down Payment Secure Application House Shopping Avoidable Mistakes Down Payment Tips 20% is a common down payment. We can go as
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Preparing Your Home for Warmer Weather It’s that time of year again! The Earth is turning beautifully toward the Sun, sweet smelling spring flowers are budding, and our days are getting longer and brighter. Spring time is quickly approaching with the first day of Spring being Monday, March 20th of this year. We’ve set our clocks forward, we’ve done some spring cleaning to make room for fresh bathing suits and hordes of thong flip flops,
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What is DACA Deferred Action for Childhood Arrivals (Dreamers) An American immigration policy that allows some individuals with “unlawful” presence in the United States after being brought to the country as children receive a renewable 2 year period of deferred action from deportation and become eligible for a work permit in the U.S. What is FHA The Federal Housing Administration (FHA) is the largest mortgage insurer in the world with an active insurance portfolio of
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Who’s your favorite X-Men character? Wolverine? Storm? Professor X? What makes that character your favorite? For some people it’s the character’s courage, or perhaps their good looks, or their intelligence. My favorite mutant character is Mystique and what makes her my favorite is her superpower. Mystique is a shape shifter, meaning she can change her body and her voice to look like anyone she chooses. Did you know that outside of the comic book world
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Receiving & using a cash gift is one of the most common processes when purchasing a new home. Most forms of cash gifts are used for the 20% down payment. We’ve provided a brief breakdown of the process and how to ensure you’re not denied from your lender due to in proper gifting. Down Payments Down payment “gifts” can make it easier to purchase a home. Loan programs including FHA, VA, USDA, Conventional, and Jumbo
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Mortgage & Homebuyer Concerns House Prices Are The Culprit Who would have guessed we would be back to the similar movie The Day After Tomorrow? All areas of the housing market are bracing themselves. More then half of the industry are saying the rising of interest rates have been their biggest hurdle since the World Record Jump of 2007. The industry needs to drive forward with the digitization of the mortgage application process. And future
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