Scenario: Self-Employed Borrower owns a wholesale food distribution business. He wants to purchase a new home, and then afterwards, sell his current residence. He has good credit, …
Why Use a QUALIFIED Certified Mortgage Planning Specialist®? Ask This Client!
Scenario: Borrower recently divorced. For over ten years, she’s managed the house and raised her children. She hasn’t worked outside the home since her children were born. …
The Ten Commandments
The following Ten Commandments When Buying a Home or Applying for a Mortgage has been circulating online for many years. It has been published and republished by many real estate companies …
Using Gift Funds Towards Your Home Purchase
There are many home buyers who are fortunate to receive family help towards their down payment or closing costs. If you count yourself among these home buyers using gift funds …
Continue Reading about Using Gift Funds Towards Your Home Purchase →
Mortgage Lenders Expecting More Regulatory Headaches. How Will This Effect Borrowers?
According to an article published in the National Mortgage News online (Mortgage Lenders’ Many Headaches, 10/02/13), lenders are preparing to deal with a plethora of new regulations and …
President and Congress Moving to End Fannie Mae and Freddie Mac. Is This REALLY The Right Solution?
In August, 2013, President Obama and Congress formalized their desire to dismantle the mortgage giants, Fannie Mae (FNMA) and Freddie Mac (FHLMC). Both FNMA and FHLMC have been blamed in …
