Unless you have been living under a rock for the past month, you’re probably aware we are amidst the longest government shutdown in U.S. history. Currently there are 800,000 federal workers that are either furloughed or working without pay. Government...

When purchasing a home finding the right loan program can save you hundreds of thousands of dollars over the life of the loan.  Therefore, it is very important to that you know your loan options and the pros and cons of each loan program. Today we are...

Getting pre-approved BEFORE you start your house hunting search is very important. Getting pre-approved means that you’ve been vetted by a lender and are financially and credit worthy of purchasing a home. How long does it take to get pre-approved? Could...

I was fishing with a friend of mine a few weeks ago and we were talking about credit. He mentioned that he had a good score and that he had “11 credit accounts”. Questioning him some more I came to find out that he had only a credit card and a student loan...

The biggest problems many first time home buyers face is coming up with money for down payment and closing costs. Even when using a 0% down payment program we will still to need to bring money to the table for closing costs. Luckily first time home buyers...

You just went under contract for a home and your lender is telling you that you must obtain homeowners insurance. You immediately start asking yourself questions. “What is homeowners insurance?”  “Is homeowners insurance mandatory?”  We as the lender will...

What is a Debt-To-Income Ratio and Why Does it Matter? A question I get asked often is “What is the debt-to-income ratio? Debt- to-Income Ratios or DTI for short, are a way we measure a person’s ability to pay their monthly mortgage payment as well their...

So you want to get approved for a mortgage? What are some criteria to getting approved? I have put together 5 mortgage principles for getting approved for a mortgage. My 5 mortgage principles are cash, credit, stability, income, and property. If you can...

What are Seller Contributions? Seller contributions aka seller concessions or interested party contributions are funds provided by the seller at the time of closing to help the buyer pay for their closing costs. Seller contributions are a great way for a...