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Understanding the Differences Between Construction Loans and Mortgages

by lizlaurenb | May 24, 2024 | Home Mortgages

Construction loans and mortgages are two important tools in the world of real estate financing. They each have specific purposes and come with their own set of rules and requirements. These differences cater to various needs when it comes to buying or building...

Making Mortgage Decisions: Online Lenders vs. Traditional Banks

by lizlaurenb | May 23, 2024 | Mortgage Application

The options for securing a mortgage have expanded beyond the brick-and-mortar banks to include online lenders. With this diversity comes a crucial decision for homebuyers: should you opt for the convenience of online lenders or stick with the familiarity of...

Things You Should Understand About Private Mortgage Insurance

by lizlaurenb | May 22, 2024 | Mortgage Tips

Private Mortgage Insurance (PMI) is a sizable expense during the process of buying a home that many overlook until it impacts their financial decisions. Understanding PMI, its purpose, and strategies to manage or eliminate it can save you thousands of dollars over the...

Unlocking Lower Mortgage Rates By Boosting Your Credit Score

by lizlaurenb | May 21, 2024 | Credit Scoring

The interest rate you qualify for when securing a mortgage can make a huge difference in your financial journey. The good news is, that by understanding how credit scores impact mortgage rates and implementing strategic steps to boost your score, you can potentially...

What’s Ahead For Mortgage Rates This Week – May 20th, 2024

by lizlaurenb | May 20, 2024 | Financial Reports

The prior week showed a surprising display of inflation,  in that for consumers, it was less than expected. This is giving way to some optimism that inflation is on the right track to being under control. On the other end of the spectrum, for producers, inflation...
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Licensing

Cornerstone First Mortgage, LLC NMLS#173855 

Racheli Refael NMLS# 64918

Branch address:
1471 NE 26th St. Suite 100
Fort Lauderdale, FL 33305

Call 954-800-0330

Racheli Mortgage Team

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