by lizlaurenb | Aug 16, 2024 | Mortgage Application
When it comes to securing a mortgage, the terms and roles can often be confusing. One such term you might come across is “co-borrower.” Understanding what a co-borrower is and how they differ from other roles in a mortgage can help you make informed...
by lizlaurenb | Aug 15, 2024 | Mortgage Rates
In today’s economic climate, inflation has become a hot topic, especially for potential homebuyers. Understanding how inflation affects mortgage rates and your homebuying power is crucial. Let’s see how it can impact your journey to homeownership. What is...
by lizlaurenb | Aug 14, 2024 | Mortgage
Understanding your options when shopping for a mortgage is crucial to making the best financial decisions. One option that is not well known is the Flex Payment Mortgage. But what exactly is it, and how can it benefit you? Understanding the Basics First and foremost,...
by lizlaurenb | Aug 13, 2024 | Bankruptcy History
Filing for Chapter 13 bankruptcy can be a challenging experience, but it doesn’t mean the end of your dreams of homeownership. While the path to securing a mortgage after Chapter 13 might seem daunting, with careful planning and dedication, it’s entirely...
by lizlaurenb | Aug 12, 2024 | Financial Reports
With so little in the way of data releases following the previous week’s FOMC Rate Decision, we’re left with a small release schedule with Consumer Credit and U.S. Trade Deficit rounding up the reports. While relatively light indicators of the current...
by lizlaurenb | Aug 9, 2024 | Home Buyer Tips
Purchasing a home is a significant milestone, and traditional mortgages aren’t the only route to achieving this dream. For many homebuyers, especially those who may face challenges with conventional financing, exploring alternative financing options can be a...
by Angel Leon | Aug 8, 2024 | Budget, Spanish
Comprar una casa es una de las decisiones financieras más significativas que muchas personas toman en su vida. Involucra una inversión sustancial de dinero y requiere una consideración cuidadosa para garantizar la estabilidad financiera a largo plazo. Para abordar las...
by lizlaurenb | Aug 8, 2024 | Foreclosure
As a homeowner, the thought of foreclosure can be daunting. Understanding what foreclosure is and how to prevent it can provide peace of mind and safeguard your investment. What is Foreclosure? Foreclosure is a legal process where a lender attempts to recover the...
by lizlaurenb | Aug 7, 2024 | Home Financing Tips
Buying a fixer-upper can be a strategic way to acquire a home below market value while customizing it to fit your needs. However, the financing process for these properties requires a bit of extra insight. As a loan officer, I’m here to guide you through the key...
by lizlaurenb | Aug 6, 2024 | Credit Scoring
When you’re looking to buy a home, one of the most important numbers you need to know is your FICO score. This three-digit number represents your creditworthiness and plays a crucial role in determining the terms of your home loan. Let’s discuss what a...
