The title seems misleading, right? Every mortgage lender goes to great lengths to explain to real estate agents and borrowers how mortgage insurance is necessary, how to calculate the amounts and when the mortgage insurance will likely fall off the mortgage. However, how does PMI benefit the actual home buyer?
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The focus of #MortgageUpdated is to be a source of material that can used by everyone. For example, real estate agents can find useful tips on improving their marketing, staying up to date with social media changes, and developing a plan to set themselves apart from their competition.
In addition, mortgage lenders can stay up to date with changes in mortgage rules, learn about new programs and find out how peers are creating a lasting impression on their clients.
Lastly, people who are buying or selling a home are the most important part of our focus. We want to educate our clients, and the clients of our peers, so that they can enter in to a real estate transaction armed with the best knowledge for their situation.
Rather than provide their kids or grandkids with a check as a down payment on a home, some people choose to offer a gift of equity on an existing home.
The following will compare an FHA loan vs Conventional mortgage, not to show that one is better than the other, but to highlight the strengths of each mortgage.
In order to offer a guarantee on the VA home loan, the Veterans department wants to take every step possible to make sure that the home is worth the asking price and that the property is suitable for living. The inspection is the actual visit of a qualified appraiser who then makes a report about […]
Real estate agents and mortgage lenders all agree that a home inspection is a good idea for a new purchase. Check out these home inspection tips for buyers!
In every area around the country, there are homes that sit for sale longer than most of the competition. For a homeowner, this can be not only frustrating but in some cases even expensive if the home prices are on an upward climb or the interest rates are changing. Fortunately, there are some things that […]
Learn how to purchase a fixer-upper and totally remodel it! With a little insight and some negotiation skills, it is possible to find that diamond in the rough.
This detailed examination will provide the basics of getting a pre-approval from a local lender, looking for a property, completing the mortgage application and then the closing.
Home staging for a quick sale should not be a halfhearted effort. A well-staged property can bring in top dollar and sell much more quickly. To help you out, we have compiled a long list of tips that should assist you when you are cleaning and readying your home to be sold.
Proven tips for increasing your credit score! The tips are listed based on their importance and their overall impact on any person’s credit rating.