As you head to your loan closing, you may hear the term table funding used. You may also hear it called a ‘wet closing.’ This is in contrast to the other option, which is a ‘dry closing.’ While the names sound odd, it basically pertains to a closing that occurs when the ink on the paper is ‘wet,’ or Read more
Should You Live in a Condo?
Living in a condo has its benefits, but it has downsides too. It’s not the right place for every homebuyer. Should you live in a condo? Ask yourself the following questions.Get Matched with a Lender, Click Here. Do You Need Privacy? If you can’t handle living close to your neighbors, such as Read more
Is There a Right Time to Lock Your Mortgage Rate?
Borrowers everywhere want to know – when should they lock in a mortgage rate? Is there a perfect day or time of day to do it?Looking for Current Mortgage Interest Rates? Click Here.We’d love to tell you that we can predict the future and tell you exactly when to lock your rate, that’s just Read more
Is it Possible to Get a VA Loan After Bankruptcy?
VA loans have flexible guidelines even if you’ve filed bankruptcy. While most loan programs make you wait many years to get a loan, you can get a VA loan just two years after filing for a Chapter 7 BK or 12 months after a Chapter 13 bankruptcy.Looking for Current Mortgage Interest Rates? Click Read more
How to Tell Who Owns Your Mortgage
Do you know who owns your mortgage? Did you know that the company that owns your mortgage and the one that services it may not be the same? While knowing who owns your mortgage may not be something everyone needs to know, if you ever have a question about the note or deed of trust, you’ll need to Read more
How to Increase Your Borrowing Power
You want to buy a home, what an exciting time! You may be disappointed to find out how much loan you can afford though. As you work your way through the process, you may wonder how you will find a home that fits within your budget.Get Matched with a Lender, Click Here.Fortunately, there are Read more
