Category: Blog

A Solution to Mortgage Approval Changes

Recent changes were made to the mortgage algorithms that approve homebuyers, but there’s a solution to these changes. Many of the ways we lenders look at risk in terms of approving mortgages are through algorithms, and important changes ...
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A Secret About FHA Mortgages

FHA mortgages have a unique feature that makes them a powerful tool when it comes time to sell your home. I have a secret about FHA financing that I’d like to share with you today. I love FHA ...
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What You Should Know About Escrow Accounts

Today, let’s talk about some of the advantages and disadvantages of escrow and impound accounts. Here’s what you need to know. An escrow, otherwise known as an impound account, actually relates to who is in charge of paying ...
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How Does a Lender Look at Your Income?

The way you earn your income is a big factor in getting qualified for a mortgage loan. Here’s why. I’ve discovered that we all earn income differently. So today I wanted to spend just a couple minutes to ...
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When Can You Remove Your Mortgage Insurance

For most homebuyers, mortgage insurance doesn’t last forever. Here’s when you can remove it. For most of us, the answer is no. Eventually, you have the option of removing it. The lone exception, however, is if you used ...
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What Is Mortgage Insurance & How Does It Work...

You’ve probably heard of mortgage insurance, but might not understand what it really is. Today we’ll explain what mortgage insurance is and why it matters. Simply put, it’s an opportunity to buy real estate with less than 20% ...
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