Buying a second home doesn’t just mean you have a great place to get away for a while. Instead, a second home is a perfect investment opportunity that allows you to make passive income, pay off your mortgage, and still enjoy some time away! Even better, you can do it without paying anything out of […]

Here we are in part seven of my series about the changes that followed the mortgage meltdown in the middle of the last decade; they always say to save the best for last, don’t they? Today I’ll discuss what’s been called the “Know Before You Owe” Law and how it helps to make it safer […]

Learn more: https://scottgriffin.com/blog/ In this sixth installment of my seven-part series on what changed after the mortgage meltdown, I’ll discuss The Ability to Repay Law and the Qualified Mortgage Rule. Before the 2008 crisis, lenders made loans available to consumers, some by asking consumers to leave sections of the loan application completely blank – can […]

Learn more: https://scottgriffin.com/blog/ We’ve been trained to shop for the best interest rates and the best terms, but what if we could get a written guarantee that the ones we’re getting are the lender’s very best? Well, that’s what the recently passed Anti-Steering Safe Harbor Law does: It requires your brokerage to write you a […]

Learn more: https://scottgriffin.com/blog/ In the past, the lending world wasn’t always transparent. Before the mortgage meltdown we saw last decade, many loan officers recommended loans simply because their commission splits were higher. They didn’t have the best interests of their clients at heart, but the Dodd-Frank Act changed all of that. These days, lenders are […]