So, you want to purchase a home and need to decide on a loan officer to help you through the loan process, but you're not quite sure what to expect. Well, overall a good loan officer should act as your liaison during the entire loan search, application, and approval … [Read more...] about What Should a Good Loan Officer Do For You?
Mortgages
Catching and Understanding Closing Costs
So you have selected a house, and now you are getting down to the nitty-gritty on what it will really cost you to get into it. Your lender is required by law to give you a "Good Faith Estimate" of your closing cost expenses along with a booklet from RESPA, outlining "closing" or … [Read more...] about Catching and Understanding Closing Costs
Interested in a Fixed Rate Mortgage
Does the idea of a mortgage with a fixed interest rate sound appealing? After watching interest rates go up and down unexpectedly, lots of home buyers think searching and locking into the best fixed rate mortgage is the way to go. But just as important is a thorough … [Read more...] about Interested in a Fixed Rate Mortgage
How Much Home Can You Afford?
With demand dropping in the real estate market, now is the perfect time to get a great deal on a home, especially if you are considering stepping up into a bigger, more luxurious home. Deciding How Much is Too Much My advice is, if you are looking for a new home, take some time … [Read more...] about How Much Home Can You Afford?
Choosing the Best Loan For You
A home mortgage will probably be the largest financial commitment you will ever make. So shopping for a home loan means finding the right mortgage package - one that is the best for your financial needs. This can be a total nightmare, so make sure you are working with a lender … [Read more...] about Choosing the Best Loan For You
Beware of Losing Your Home with a Failed Home Equity Consolidation
No one likes to deal with credit cards and the high interest rates that many of these cards yield, so you might be looking for other options to deal with excess debt. One of the best ways to do this is to take out a home equity bill consolidation loan since this type of loans … [Read more...] about Beware of Losing Your Home with a Failed Home Equity Consolidation