THE SCENARIOJohn and Mary, a married couple and successful professionals – John a software developer, Mary a registered nurse—had been renting for years. With real estate prices climbing and their …
Turning Home Equity Into Lifeline: A Real-Life Success Story
The Scenario:A borrower and her husband have lived in their home for decades, and their mortgage is nearly paid off. Sadly, her husband has been battling early-stage dementia, and his condition is …
Continue Reading about Turning Home Equity Into Lifeline: A Real-Life Success Story →
Is Your Mortgage Loan Officer Truly Competent?
Ever hear these mortgage horror stories? • “I applied to three different banks for a refinance. Each said they could do it. All three denied me.”• “I finally found my dream home and went to …
Continue Reading about Is Your Mortgage Loan Officer Truly Competent? →
Why a Low Mortgage Rate Isn’t Always the Best Deal: The Hidden Cost of Holding onto a Low Rate
THE SCENARIO:“John and Jane Smith” were proud of their 3.25% mortgage rate. However high inflation and the poor economy had taken a toll on their budget. Their income was declining, their expenses …
Why Mortgage Denials Are Rising— What Most Lenders Won’t Tell You
THE REALITY CHECK:When choosing a lender, most borrowers assume their mortgage will be approved. Yet statistically, that assumption may be risky. Over the past several years, mortgage denial rates …
Continue Reading about Why Mortgage Denials Are Rising— What Most Lenders Won’t Tell You →
Smart Buyers Don’t Skip the Mortgage: How Strategic Financing Saved This Family’s Financial Future
THE SITUATION:A couple was purchasing their first home—a spacious single-family house intended for multiple generations, including their children and parents. In keeping with cultural norms, they …
