Mortgage

/Tag:Mortgage

Rates DROP while Applications SURGE

As mortgage interest rates dropped to their lowest levels in over a year last week, home owners and buyers raced to submit their refinance and other loan applications before rates start going up again. The number of overall mortgage applications surged 28.4% last week compared with the previous year, according to the Mortgage Bankers Association. [...]

April 5th, 2019|Blog|0 Comments

Use Your VA Loan – YOU EARNED IT!!!

Broad Requirements • The applicant must be an eligible veteran who has available entitlement. • The loan must be for an eligible purpose. • The veteran must occupy or intend to occupy the property as a home within a reasonable period of time after closing the loan. There are exceptions and workarounds in some cases. [...]

April 2nd, 2019|Blog|0 Comments

What Loan is Right For You?

CONVENTIONAL / FIXED RATE MORTGAGE Conventional fixed rate loans are a safe bet because of their consistency — the monthly payments won’t change over the life of your loan. This is your standard, plain-vanilla mortgage. Typical in 15 and 30 year terms there are options for as low as 3% down payment with mortgage insurance. [...]

March 31st, 2019|Blog|0 Comments