Learn more: https://scottgriffin.com/blog/ I’ve got a secret about FHA mortgages that I’d like to share with you today. FHA mortgages are federally insured loans that are quite common among homebuyers. Whether you’re looking at a 15- or 30-year term, you can lock in a great interest rate today while rates are low. What most people […]

Learn more: https://scottgriffin.com/blog/ ‘Escrow’ is one of those terms that homebuyers often hear but maybe need a little extra explanation to fully understand. Today I’ll explain what an escrow account (also called an ‘impound account’) is, what it does, and what the advantages and disadvantages are to setting one up outright. Essentially, an escrow account […]

Learn more: https://scottgriffin.com/blog/ There are a lot of factors that we take into consideration when qualifying you for a mortgage. One of the most important is your income. People earn income in all different types of ways, whether it be with an hourly wage, a salary, or through self-employment.The first two are pretty simple, but […]

Learn more: https://scottgriffin.com/blog/ Can you get rid of your mortgage insurance? Does it last forever? Those are the questions I’ll answer in today’s video blog. The good news is that, for most homebuyers, mortgage insurance doesn’t last forever. You can remove it under certain circumstances. To find out more, watch this short video. NMLS 1633936 […]

Learn more: https://scottgriffin.com/blog/ Mortgage insurance is a term you’ve probably heard before. What is it, though? And more importantly, is it necessary? Let’s face it: No one likes paying insurance premiums. When it comes time to purchase a home, however, mortgage insurance could make all the difference in your down payment and even whether or […]