For those who hear the term “mortgage insurance” for the first time and outside the process of buying a home or refinancing an existing one, they might automatically think that mortgage insurance is an insurance policy that makes the...

Surely while flipping channels you’ve run across a cable TV show about buying a run-down home as the stars of the show magically refurbish the dilapidated property. 30 minutes later you can hardly recognize the new creation. It seems...
You’re probably now aware there are more than a few services needed when your mortgage lender begins processing and approving your mortgage loan application. Most of these services you’ll never use again unless and until you apply for another mortgage...
The Federal Housing Finance Agency (FHFA) has just announced the 2017 county conforming loan limits will be raised from $417,000 to $424,100. This is the first time the conforming loan limit has been raised since 2006 - an increase of...
If you’re getting a home loan soon, either for purchasing your first home or even refinancing an existing mortgage, you’ve probably more than gathered you’ve got plenty of options. Sometimes though just the number of financing options and choices...
If you’ve looked at a settlement statement lately or you’ve just received your initial Loan Estimate, no doubt you’ve noticed there are more than just a few line items. These estimated closing costs are broken down into lender and...
Buying a home means there is a lot of preparation before making a final offer to buy. You decide where you’d like to live based upon your own set of standards such as square footage or number of bedrooms and...
If you’re self-employed or married to someone who is, you know first-hand the challenges that running your own business, no matter how big or how small, can be. When someone works for another company and shows up for work...
Appraisal Didn't Match Your Purchase Price? When you first apply for a mortgage, you may not realize it but there are actually two approvals that need to be issued. First, the approval for you based upon things such as credit,...
We’re definitely in a global marketplace. That’s not really news but there are so many interactions between countries and financial institutions. Sometimes, most times, we take any geopolitical news in stride and not pay very much attention to what...