Social Media plays a huge part in our day to day activities. From staying connected with friends to finding an activity on a Saturday night. With the popularity of Facebook growing every single day, it's no surprise that the Social Media giant is finding new ways to monetize their site in order to generate an […]
According to a survey conducted by Bankrate and an article on CNN Money, half of the American population currently saves less than five percent (5%) of their monthly income. It's estimated that eighteen percent (18%) of Americans save almost nothing from their monthly income. Scary right? What is the main cause of this problem and […]
A Good Faith Estimate is an estimate of all of your closing costs when purchasing or refinancing a home loan. Your Good Faith Estimate (or GFE) will give you a ball park figure of what rate your loan will be locked at and a rough estimate of what your monthly payments will be. Federal regulations […]
According to an article posted on CNN Money, Puerto Rico defaulted on it's loan debt for the first time in the island's history. It is reported that this will not effect Wall Street. It will however, effect the residents of Puerto Rico. The Puerto Rican government was seeking concessions from its creditors, including deferring some […]
Did you know that there exists a whole sub-culture of people who live in tiny houses? I don’t mean tiny like one bedroom, one bathroom. I mean tiny as in about 400 square feet, total. When I learned about this new and unique form of living I thought, why would a person want to live […]
Missing a payment on your mortgage loan may seem like the end of the world. In most cases you know ahead of time that you are going to miss a payment. In a more drastic scenario you may be faced with a situation where you have to use your mortgage money for some other dire […]
Choosing the Right Lender
Choosing the right lender is one of the most important parts of applying for a home loan. Loan officers are the men and women who work for the lenders and banks that will be in charge of your loan. They are in a sense, the face of the company. Good loan officers work in your […]
The Cliffs, a brand new Summerlin housing project broke ground today. The Cliffs, will be the newest village built in Summerlin in 12 years. The Mesa was the last village built. The Mesa was built in 2004. This brand new Summerlin housing community sits at the foot of the Spring Mountains, off Hualapai Way and […]
When you begin your new mortgage, you’re likely to hear about escrow accounts, homeowner’s insurance premiums and property taxes, but did you know that they can be some of the most difficult portions of loan servicing? To prevent complications down the road and make payment simpler for new homeowners, escrow accounts are often required by […]
Stop Assuming. Start Asking.
How many times have you made financial assumptions? Once? Twice? A billion times? The fact of the matter is that we all make financial assumptions in our daily lives. We assume that we are not financially stable enough to buy our dream home or to even pre-qualify for a mortgage loan. Making financial assumptions has […]
