If you are in the market to buy an investment home or second home, you should know that your mortgage terms will be different. By different, we mean... Read More
If you live in a fire risk area, you must know if you have adequate homeowner’s insurance. It’s not enough to think you have coverage; you have to... Read More
Refinancing seems to make sense in any situation. Who wouldn’t want to get a lower payment, right? While it sounds good in a perfect world, there are certain... Read More
If you have a low credit score, you might think your chances to refinance your loan are out the window. Not so fast, there may be some options... Read More
If you have trouble qualifying for a mortgage, you might consider adding a non-occupying co-borrower to the loan. While this seems good in theory, don’t make the mistake... Read More
If you are unable to put 20% down on the home you purchase, you have two options – pay PMI or take out a piggyback loan. Either way, you help lessen
If you’ve been watching the news and see that interest rates are dropping, you might wonder if you should refinance. Is now a good time? Is it better
IMPORTANT MORTGAGE DISCLOSURES:
When inquiring about a mortgage on this site, this is not a mortgage application. Upon the completion of your inquiry, we will work hard to match you with a lender who may assist you with a mortgage application and provide mortgage product eligibility requirements for your individual situation.
Any mortgage product that a lender may offer you will carry fees or costs including closing costs, origination points, and/or refinancing fees. In many instances, fees or costs can amount to several thousand dollars and can be due upon the origination of the mortgage credit product.
When applying for a mortgage credit product, lenders will commonly require you to provide a valid social security number and submit to a credit check . Consumers who do not have the minimum acceptable credit required by the lender are unlikely to be approved for mortgage refinancing.
Minimum credit ratings may vary according to lender and mortgage product. In the event that you do not qualify for a credit rating based on the required minimum credit rating, a lender may or may not introduce you to a credit counseling service or credit improvement company who may or may not be able to assist you with improving your credit for a fee.