In order to get a mortgage loan, you will need to provide some documentation to your lender. This documentation will show that you are able to afford the loan that you are requesting. The most common types of documentation include pay stubs, W-2 forms, and bank statements. In this blog post, we will discuss what […]
Are you thinking about buying your first home? If so, you’re probably wondering how to get started. Buying a home can be a daunting process, but it doesn’t have to be. In this post, we’ll walk you through the basics of mortgage loans and help you understand the different types available. We’ll also show you […]
There are a few pros and cons to consider before applying for an FHA home loan. As a first time home buyer, you may benefit from the low down payment requirement of 3.5%. You may also qualify if you have a lower credit score than what is typically required for conventional loans. However, keep in […]
In the 25 plus years assisting individuals to buy a home, the 8 things I am going to discuss are the things that cause the most stress and issues when purchasing real estate. The reason for this article is to make sure I do everything I can for home buyers to make the purchase an […]
If you are a veteran or currently serving in the military, you may be wondering if you can use a VA loan to purchase land. The answer is yes – and in this blog post, we will tell you everything you need to know about using a VA loan to buy land with the intention […]
When you’re applying for a mortgage loan, your lender will review your credit history. Here are the five factors that make up your credit score and what they mean for your loan.
Many of my audience has asked how to become a mortgage loan officer and get a mortgage loan originator license. Those of you purchasing a home and considering mortgage professionals should know how a mortgage loan officer received their license and credentials to help you with such a major purchase transaction. A mortgage loan originator/officer […]
Value renovations typically lead to value tenants. Besides location, the condition of your home will also dictate the type of renters you will get into the home. Consider what the current fads are and determine if they are improvements to stand the test of time. The goal is to offer what is in style while […]
When taking a loan for your home and using mortgage professional guidance, you will need to get a home inspection which costs about $450 +/-.
Saving money can be difficult for some individuals. When you’re saving with a goal in mind, it may feel like a punishment or a chore. You must determine if your ultimate objective is worth the sacrifice. The down payment on a house may be as much as 20% or more of the loan. Your final […]