Everyone has a payment budget. You MUST think strategically! How long you plan to stay in your home can play an important role in your home buying strategy. For example, if you plan to be in you home 5-7-10 years, an adjustable rate mortgage could provide $59,000 more…
Mortgage lenders/investors will typically permit the cancellation of private mortgage insurance (MI), when you build up enough equity in the home. With market values up double digits this past year there is a chance that you may be able to cancel your mortgage insurance earlier than you thought.…
It’s a very competitive real estate market and legitimately sellers are choosing which offer to accept based on the strength of the buyer. Often electing to take a substantial discount in price for a cash offer and a quick closing sellers may unnecessarily leave money on the table.…
Why I am in this business … and as a mortgage broker and not constrained working for a mortgage bank or banker… And why an iron is a necessary tool! Our iron went crazy at 3 o'clock this morning sounding like an alarm clock. Stumbling around in the…