Learn more: https://scottgriffin.com/blog/ Welcome to my new seven-part video series titled “What Changed After the Mortgage Meltdown.” For the first installment, we’ll discuss the National Mortgage Licensing System (or the NMLS). What is it and why is it important? Following the mortgage crisis, the industry needed a better way to protect consumers as well as […]

Learn more: https://scottgriffin.com/blog/ The cost of buying real estate keeps going up and up. A lot of us are getting priced out of what we can afford, but there’s a way to combat this with FHA financing. This particular kind of loan will let you purchase a two-unit building for just 3.5% down. You can […]

Learn more: https://scottgriffin.com/blog/ Did you know that recent changes were made to the mortgage algorithms us lenders rely on to approve homebuyers? The good news is, there’s a solution to these changes that will get you into a home even if you don’t think you’re qualified, and that’s FHA financing. Here’s the thing about FHA […]

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 […]