Well the new mortgage rules are now in effect and it has been a crazy time leading up to this. The lenders and insurers have been inundated with deals under the old rules and the times to get an approval have definitely been challenged. While we where getting same day approvals before the changes we [...]
Purchasing or refinancing a home is a big step in someones life. Do you really understand all the terms? Has someone gone through what is required to get a mortgage? Do you really know what you are getting? Check out a blog I wrote titled Mortgage 101 to answer some of the questions. This blog [...]
First a quick recap of the down payment options available in the market place today. The traditional program is where you save the money over a period of time and then use these savings for the purchase of your new home. The other options are gifted down payment from an immediate family member or using [...]
