Make sure to get a couple of estimates from different companies in writing. Make sure everything is in writing or the moving company may give you a hard time. Read everything in depth and comply. Also, Make a detailed list…
Loan Process Prior to Loan Submission: Gather Documents from MLU checklist provided Get Pre-qualified Go over program and payment options and decide which loan program best suits your needs with long term and short term goals in mind Find a…
The Federal Housing Administration (FHA) is a US government agency created in 1934, part of the National Housing Act. The purpose is to improve the standards and conditions of housing and provide a loan system to help stabilize the mortgage…
The United States Department of Services helps Service members, Veterans, and eligible surviving spouses become homeowners and offer great incentives. As part of the Veterans Administration (VA) mission to serve veterans, the VA provides a home guaranty benefit as well…
It is the inevitable question. Every home purchaser is asked: “What kind of loan are you applying for?” There are an array of home loan options and it is important to know what those options are. There are fixed…
A fixed rate mortgage is a loan that has a fixed interest rate for the duration of the loan. You can choose which term works for you, the number of years to pay off the loan, 10, 15, 20, 30. …
An adjustable rate mortgage is a variable loan which is referred to as ARM. When a loan is adjustable it means the interest rate can change over time and that will make your payment change on a month to…
When applying for a home loan in today’s market you need to go FULL DOC meaning you have to prove that you can afford the payments for the mortgage. The bank will be calculating your total income and your total…
There are many reasons why refinancing may make sense for you. If the market interest rate is lower than what you are paying, then you may want to refinance to lower the rate, which in turn will lower your monthly…
Tell your neighbors that the moving trucks will be there – give advanced notice. This is a good way to meet your neighbors. Replace the locks. You never know who may have the key, and it will give you peace…