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
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
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
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
Medical professionals often earn salaries far above the average American salary, and yet most come out of school with hefty student loans to repay. Such high debt loads would normally disqualify them from obtaining mortgage loans for several years. Thanks
Are there ways to get a mortgage loan without making a down payment? While the options are not as plentiful as they used to be, there are still at least four government-backed programs that allow borrowers to buy a home with no down payment. Over a decade