5 Things your Mortgage Lender Should be Doing for You
What should your lender be doing for you? The obvious answer is “help me get a mortgage”. Yes, but don’t you want and expect more? If not, you should be. It isn’t just about getting you approved for a mortgage; it is about helping, guiding, educating and doing everything in their effort to make you feel comfortable […]
Conventional Loans Using Gift Funds
So, while Fannie Mae was on board with allowing people to use gift funds for down payment this fall for Conventional mortgages. The PMI companies have now transitioned as well. So what this means is that if you are buying a primary residence 1-Unit (only, not rental property either) then you no longer need the […]
Communication is the Key-Important Items to Disclosure to your Lender
As you may have already heard, guidelines will be undergoing some more changes in the New Year. Some of the changes may make it more difficult in obtaining a mortgage so you need to be prepared. If you are looking to purchase a home this coming year, you should start preparing and getting your financials […]
