Are you eligible to stop paying monthly mortgage insurance?
When you buy or refinance a home with a mortgage that exceeds 80% of the value of the home mortgage insurance is normally required. Mortgage insurance, or MI, provides you…
COVID-19 Mortgage Payment Relief
Mortgage Payment Relief Available To Homeowners Impacted By Coronavirus COVID-19 If coronavirus has impacted your income, employment or health, mortgage relief options may be available to you. Fannie Mae and…
Everything You Need to Know About Mortgage Interest Rates (And How to Get the Lowest Rate)
You want to get the lowest mortgage interest rate.Of course you do. Who doesn't!?I can help you do that.But what you might come to realize is that the interest rate…
What is the minimum down payment required?
How much money do you need for down payment? Well, it depends. There are four major loan programs available (Conventional, FHA, VA & USDA). Each of these programs has a…
Can I use a gift for down payment?
Yes.Ok, maybe I should give you a little more information. A simple "yes" isn't too helpful.Depending on the loan program you are using there are certain rules and requirements that…
Record Low Interest Rates…The Whole Story
You may have seen recent news clips talking about RECORD LOW RATES like this one: Housing struggles despite mortgage rates hitting new low or this one: Fannie Fees Fail to…
Five Hurdles to Mortgage Qualifying
Everyone has heard of the tightening of the credit market but what does that really mean to you? What does that really mean to you as a home buyer? Over…