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Can you pay off debt when buying a house to qualify for more?

Posted on September 29, 2014 by Ray Williams (NMLS #216267). Tagged: , , , , ,

A very interesting thing is happening. It reminds me of when I bought my first home. This is how that went down. I had sufficient money to make a 5% down payment on a house saved. However, I also had some consumer debt (car, credit cards….). Now one might say putting less down on a house […] …read more

Lower Rates for Jumbo’s!

Posted on August 5, 2013 by Ray Williams (NMLS #216267).

The servicers who collect your mortgage payments have made an aggressive push towards acquiring more jumbo sized mortgages. This appears to be happening to allow for their servicing pools to remain at similar volume levels given there will be less new mortgages with refinancing slowing down. If you are looking for lower interest rates right […] …read more