Mortgage Myths Revealed

Myth: The Interest Rate Determines The True Cost Of The Mortgage The annual percentage rate (APR) is what is used to determine the true cost of the mortgage. The APR includes the interest rate, points, mortgage insurance, and all other fees. This figure will give you a better idea of the total cost over the ...

Is It Time To Buy?

There is more demand for a rental property now than ever. This high demand is causing rent prices to skyrocket. If you are looking for a long term lease your mortgage could be less than you’re paying in rent per month! The mortgage bill for today’s homeowners is the best it has been in decades. ...

What These Changes Directly Mean to You, the Borrower (HARP 2.0)

Underwriting Requirements Relaxed What’s new:  A more relaxed view on foreclosure and bankruptcy rules; meaning your HARP loan could be approved, regardless of how recently a borrower filed bankruptcy or experienced a foreclosure. What that means for you:  As previously stated, you won’t be counted out for a mortgage late when that could normally eliminate ...

Forecloser For Sale

Home Bargain Hunting

What to Consider Before Buying a Foreclosed Home Buying a home that has been foreclosed upon can provide large profits for potential buyers and investors. During stressful economic times, many great homes go into foreclosure due to job loss or other personal and financial hardships, and it can be advantageous to take a look at ...