Home Buying Tips For Millenials
The millennial generation, or Generation Y as they are often called, is the next largest group of expected homebuyers. Today, millennials range from 18- to 34-years-old and nearly 13 percent hope to...
View ArticleVA Mortgage Loans Explained
In 1944 the United States Congress introduced the bill that paved the way for the Veterans Administration (also called VA) to officially offer the VA mortgage to veterans. While there have been a few...
View ArticleHow to Get The Best Mortgage Interest Rates
Getting the best rate on your mortgage is a major concern for any home buyer. When you consider that only a few percentage points can cost you thousands over the life of a loan it only makes sense to...
View ArticleHow to Get The Best Mortgage Terms
When you go to buy a home, if you are like most people you are going to need to get a loan. Because you are borrowing money, you will naturally have to pay a certain amount of interest to the...
View ArticleBest Reasons to Get Pre-approved For a Mortgage
Buying a home for the first time is SUPER exciting! You've been checking out realtor.com and exploring new neighborhoods. You've probably dedicated hours a day to creating the perfect Pinterest boards...
View ArticleWhy Getting A Pre-Approval Makes You A Trusted Buyer
A pre-qualification is a lenders general statement that he will provide financing if certain conditions are met. You will discuss your financial situation with the lender, who then might or might not...
View ArticleHow To Get a Loan When a Mortgage Lender Says No
There are very few people out there with the kind of money it takes to buy a home outright. For most of us a mortgage is a necessity if we ever want to own a home.Source | go to bundle Smart Financial...
View ArticleFHA Mortgage Guidelines Buyers Should Know
Unlike a conventional loan, an FHA mortgage is backed by the federal government. Simply stated, lenders have some protection offered by the government in the event the homeowners stop making payments....
View ArticleHow to Remove Private Mortgage Insurance
One of the things that many homeowners want to know is how to get rid of private mortgage insurance. If you bought a home without making a down payment of 20% or higher, or you refinanced your home...
View ArticleHow a Loan Officer Can Work Better with Real Estate Agents
Editor's note: Guest post provided by real estate leader Bill Gassett Loan officers and real estate agents are key players in the home-buying process. In order to understand how a loan officer can work...
View ArticleWhen Are You Able to Eliminate Private Mortgage Insurance?
How and When Are You Able to Remove Private Mortgage Insurance? If you bought a home and put less than 20 percent down you are probably paying what is... - Bill Gassett - Google+Source | go to bundle...
View ArticleHow FHA Loans Can Be a Problem For Home Sellers
When you go to sell your home, you hope to get lots of offers on your home from well-qualified buyers. But as you go into the sale, you will need to determine if you are interested in receiving all...
View ArticleJumbo Mortgage Loan Myths
Prior to the recession that began in 2007, a jumbo mortgage was extremely popular. Numerous banks used these mortgages as an easy way to make money. At a time when many lenders would originate a...
View ArticleMortgage Docs Buyers Must Sign For TRID
Unless you work as a loan office, chances are you are not that familiar with the documents that are used when taking out a mortgage. Financial documents can be difficult to understand without training,...
View ArticleAdvantages and Disadvantages of a Reverse Mortgage
Reverse mortgages are a financial tool that has been pushed aggressively over the past decade or so, leading to difficulties for many people - especially seniors - who utilized the tool without...
View ArticleBest Ways to Get The Equity Out of Your Home
Lots of people are finding themselves house-rich but cash poor. It has become increasingly common for people reaching retirement age to have less money than they need - certainly not enough to retire...
View ArticleHow To End Private Mortgage Insurance
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