I’ll be honest; the entire process of purchasing a home is not fun. Having your teeth pulled by a dentist may be more comfortable than getting a mortgage approval these days. When I am asked about my system, I make it clear the more that is accomplished early on will make for a smoother closing. The [...]
Full Story »Good Credit = Homeownership
Imagine yourself in your dream home, you’ve got everything you wanted including the white picket fence. Now take a step back…how did you get there? I will tell you one way of never getting into your dream home; bad credit. Period. The end. If you have poor credit, you’ll never be able to carry out [...]
Full Story »As Mortgage Guidelines Tighten Professional Advice is Critical:
The days of choosing a mortgage professional based on a personality test and box of donuts in your real estate office is changing. Today with the tightening mortgage guidelines, having a mortgage professional who can review credit, employment, debt to income ratios, calculate assets, document the file and make sure that 2+2= 4 is the [...]
Full Story »Battle of the Home Mortgage Products: FHA vs. Fannie Mae HomePath
Recently I have had several inquiries about a number of special loan programs available. The latest, attractive looking product in the market is the Fannie Mae HomePath loan. Depending on your individual needs, this product could be the right fit. However, compared to FHA, the HomePath loan does have some drawbacks. Here is a comparison [...]
Full Story »A Proven Track Record of Honest Quotes and Personal Integrity:
Have you ever seen the movie “A Few Good Men” (Brown & Reiner, 1992) starring Tom Cruise and Jack Nicholson? Well, if you have not seen this movie I highly recommend, it is truly an American classic. This movie has intense scenes and several of the most memorable movie quotes. Whether or not you agree [...]
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