CHFA RISC has been ELIMINATED
Have you heard of the CHFA RISC (Risk Information Score Card)? I will explain what it is real quick in case you haven't. CHFA wanted to avoid being adversely selected…
8 Factors to Calculating an Accurate Mortgage Payment
Calculating an accurate mortgage payment can be quite difficult. There are hundreds, if not thousands, of mortgage calculators found online. Unfortunately, most of them are either too simple or make…
Don’t Pre-Pay Your Mortgage Until You Read This
The American Dream is to buy a home and we incur a massive debt to make that possible. We are always told that debt is bad and so therefore the…
Mortgage Servicing Transfers
Have you received a servicing transfer notice in the mail recently? Trying to figure out what happened and what impact it has on you? Servicing transfers happen all the time…
I Feel Your Pain – Stress of Mortgage Process
I am purchasing a home. I have not purchased a home for 8 years so it has been a while since I have gone through this process. I did refinance…
10 More Mortgage Terms You Should Know
I previously provided the 12 Mortgage Terms You Should Know. It was not an exhaustive list which is why I have put together ten more that I think you need…
Should I Refinance My Mortgage?
You hear the ads. You see the mailers. Refinancing can drop your rate. Refinancing can save you money! But is it right for you? How do you know whether or…
Why is My Fixed Rate Mortgage Payment Going Up?
Every year like clockwork (around Mar - June) I start to get phone calls and emails asking the question, "Why is my fixed mortgage payment going up?!" Maybe you are…
8 Steps to a Successful Mortgage Closing
We now know the 4 steps to getting a mortgage pre-approval so how about we look at the 8 steps to a successful mortgage closing? Whether you are making a…
4 Steps to Getting a Mortgage Pre-Approval
The process of applying for a mortgage and getting a mortgage pre-approval can seem daunting, even scary. When applying for a mortgage you are basically opening your financial life up…