Monthly payment includes principle and interest only. Taxes, insurance and/or other monthly expenses are not included. Contact your Mortgage Loan Originator with any questions.
Mortgage Headliners: Getting Answers…Should I delay my mortgage payment… Homeowners with federal loans won’t have to pay lump sum after pausing payments Coronavirus related forbearance requests still on the rise… The housing industries response to the corona virus… Nearly 10% of [...]
Mortgage Headliners: Economist predicting emergency rate cut this week… Negative Interest Rates Unlikely… Coronavirus economic package in full… Trump is considers letting homeowners delay mortgage payments… We’re watching the market closely… If you’re in the market [...]
Mortgage Headliners: Mortgage stress test changes suspended… Why you can’t get that historically low mortgage rate… Coronavirus sends mortgage rates lower… Mortgage investors cheer as Federal reserve starts… Fed funds rate pinned at zero… Keep your eyes on stock news… Preparing [...]
Mortgage Headliners: A flood of mortgage applications drive rates higher… How the coronavirus outbreak is moving mortgage… Mortgage rates rise sharply from last week’s record low… Mortgage rates are mixed after hitting all-time lows… Mortgage demand is so high that lenders turn [...]
Mortgage Headliners: Mortgage rates are plunging, but will coronavirus… US mortgage rates sink to a record low on COVID-19 fears… Long-term mortgage rates tumble to record low… 30-year rate falls to record low… Mortgage rates hit a new record low, and they might keep [...]
What is a Loan? An amount that you borrow and agree to repay under specific terms. Usually a formal agreement, loans involve two parties: the borrower and the lender. The contract specifies the terms and conditions of the loan, and once you sign, you are legally obligated to adhere to it. Before [...]
Buying a home can be a challenging experience for first-timers. Here are some mortgage tips to help get you started. Start saving for a down payment early It’s quite common to put 20% down, but many lenders will now permit a much lesser percentage, and first-time buyers programs allow as [...]
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 [...]
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. [...]
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 [...]