Recent Articles
Feb
22
2023
22
2023
Homebuying Help: How Downpayment Assistance Programs Work
If lack of downpayment or funds for closing costs are the main hurdle to buying a home, a state or local downpayment assistance program may be the answer! Most states, counties, and cities offer assistance in the form of grants or no-interest loans to help home shoppers pay for these costs...
If lack of downpayment or funds for closing costs are the main hurdle to buying a home, a state or local downpayment assistance program may be the answer! Most states, counties, and cities offer assistance in the form of grants or no-interest loans to help home shoppers pay for these costs...
Feb
21
2023
21
2023
Why am I being contacted by so many lenders?
Trigger Leads We've been hearing from several of our Loan Officers, that their clients are getting bombarded by other lenders calling them out of the blue. "How did they even get my number? Are you selling my information? This is crazy!" - said one client. The...
Trigger Leads We've been hearing from several of our Loan Officers, that their clients are getting bombarded by other lenders calling them out of the blue. "How did they even get my number? Are you selling my information? This is crazy!" - said one client. The...
Feb
15
2023
15
2023
What's the Max Debt-to-Income (DTI) Ratio for a Mortgage?
Debt-to-income (DTI) ratio determines what mortgage you’re eligible for. So before getting pre-approved, your mortgage advisor will review your income and debts to help you understand where you currently stand. In this article, we’re going to look at what a...
Debt-to-income (DTI) ratio determines what mortgage you’re eligible for. So before getting pre-approved, your mortgage advisor will review your income and debts to help you understand where you currently stand. In this article, we’re going to look at what a...
Feb
08
2023
08
2023
Should You Close Credit Cards Before Applying for a Mortgage?
If you have a $0 balance card, should you close it before applying for a mortgage? That’s a good question, but before you consider canceling your credit card account, it’s crucial that you know the potential drawbacks associated with closing an account. For...
If you have a $0 balance card, should you close it before applying for a mortgage? That’s a good question, but before you consider canceling your credit card account, it’s crucial that you know the potential drawbacks associated with closing an account. For...
Feb
01
2023
01
2023
Does Having a Student Loan Affect a Mortgage Pre-Approval?
Student loans can be an obstacle for many when pursuing their dream of buying their first home. Aside from having the debt that can pose a challenge in getting approved for a loan, paying down school loans can also cripple your ability to save for important things such as closing costs, down...
Student loans can be an obstacle for many when pursuing their dream of buying their first home. Aside from having the debt that can pose a challenge in getting approved for a loan, paying down school loans can also cripple your ability to save for important things such as closing costs, down...