When it comes to mortgages, there is an abundance of misinformation and fables that have been passed from generation to generation. Many people believe a variety of mortgage myths surrounding home loans. These can cost them both time and money, so we’ve rounded up some common mortgage myths and misconceptions to clear things up for […]
Let’s Play Mortgage Jeopardy! Category: What is a Mortgage. A mortgage is one of the most important things you’ll ever sign in your life. It’s a loan taken out to purchase a home, and it can be a little confusing to understand. This article will break down what a mortgage is, the different types available, […]
Is it Time to Schedule a Mortgage Rate Checkup? WHAT YOU’LL LEARN Why a loan officer should regularly reassess your loan What you can expect from a checkup The benefits you’ll see from a mortgage checkup Everyone loves to taste a great cake or dessert and 9 times out of 10 you can’t eat just […]
When exploring reverse mortgages there are so many questions one may ask themselves. Am I applying for both a loan and a line of credit? Where does the possibility of any cash equity affect me? I had always been told that a reverse mortgage would be a simple transferral of my home to the company, […]
Over the last 90-days, I have asked potential home buyers [friends, family & associates] about their home loan experience. The results? By and large, they were fed up with the mortgage business. Out of twenty people in my network, only three of them were even marginally happy with the results. Repeatedly, I heard these common […]