We strive to provide the best Mortgage and Real Estate information on current programs, news and the industry at large. Please subscribe to our blog to receive updates via email. Follow the conversation at #MortgageUpdated on twitter or #MortgageUpdated on Facebook for the latest industry updates and helpful articles from around the blogosphere!
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 into a real estate transaction armed with the best knowledge for their situation.
The FHA 203k loan is a good way to buy a home and also get the extra money that can be used for renovations, repairs or both. There are good points and bad points to the loan and all of these should be considered before making a decision to purchase a property.
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?
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.
When using a mortgage lender, the purchase of a home will always require an appraisal. However, the Veterans Administration goes an extra step with their loans by providing a home appraiser to determine if the property meets VA minimum property requirements.
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 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 you can […]
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.
With many years of experience in the mortgage banking industry and extensive practice in originating home loans for both...Read More →
I have been in the Mortgage loan lending business for over 18 years, as a Loan Officer and a broker. I have worked with ...Read More →
