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What is a Mortgage Servicer?

What is a Mortgage Servicer?

You recently closed on your mortgage loan and have been making your payments to your lender. Then one day, you get a letter in the mail informing you that your loan has been sold and you have a new mortgage servicer taking care of your loan. What does thi

Jul 24, 2019 | Conventional Loans

FHA Energy Efficient Mortgage Program in Ohio

FHA Energy Efficient Mortgage Program in Ohio

The federal government has aimed to help increase homeownership for decades. One of the Federal Housing Administration’s many programs to help Americans in their homeownership dreams is the Energy Efficient Mortgage program (EEM). Many homes, especi

Jul 17, 2019 | FHA Loans Government Loans

What is a Loan-to-Value Ratio?

What is a Loan-to-Value Ratio?

Once you get serious about buying a home or refinancing your current mortgage, you will probably hear the term “loan-to-value ratio” mentioned by your lender. What is this ratio and how does it affect your mortgage? Loan-to-Value Ratio D

Jul 10, 2019 | Credit

How to Start When Searching for Your First Home

How to Start When Searching for Your First Home

You saved up.  You cleaned up your credit report.  You talked to your Mortgage Loan Officer about how much you can afford, and now, you’re ready to purchase your first home. This is exciting!  Have you thought about where you want to

Jul 05, 2019 | mortgage loan officer first time home buyer real estate agent mortgage budget

5 Tips for Buying an Investment Property in Ohio

Adding real estate to your investment portfolio can be a great asset… if done correctly. Buying a property to flip or rent out has different mortgage requirements than a primary residence. There are always hidden costs that need to be anticipated a

Jun 19, 2019 | Purchasing a Home

Benefits to Mortgage Debt

Benefits to Mortgage Debt

In order to buy a house, most Americans take on a mortgage loan. While debt is usually to be avoided if possible, when it comes to a mortgage there may actually be some financial benefits for borrowers. Liquidity If you dump all your extra funds into pa

Jun 05, 2019 | Credit Mortgage Debt