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UNDERSTANDING MORTGAGE LOAN CLOSING COSTS

UNDERSTANDING MORTGAGE LOAN CLOSING COSTS

MORTGAGE LOAN CLOSING COSTS EXPLAINED: If you shopped closing costs from a variety of firms, the total costs should really not differ that much from one firm to another, perhaps +/- $300. If there is more of a difference than this something is amiss. Sinc

Mar 31, 2017 |

WHAT HOME BUYERS SHOULD KNOW AND DO

WHAT HOME BUYERS SHOULD KNOW AND DO

WHAT HOME BUYERS SHOULD KNOW AND DO: Buying a home is probably the largest purchase and expense you will ever have, and yet most buyers have no real idea what goes on, what to ask, what to expect, and who to trust. My advice is simple-YOU are the buyer an

Mar 24, 2017 |

Mortgage Loan Education

Mortgage Loan Education

The basic loan types are Conventional (Fannie Mae and Freddie Mac), FHA, USDA, and VA. Most  lenders typically require 640 credit scores or higher, but there are also Lenders that will go to 620 scores, and specialty lenders that will do FHA and

Mar 17, 2017 |

WANTED: PURCHASE LOANS AND REFINANCES

WANTED: PURCHASE LOANS AND REFINANCES

WANTED: PURCHASE LOANS AND REFINANCES. If you are considering a mortgage for a new home or a refinance of your current home, we want your business. We are the oldest Mortgage Broker in Central Virginia, and we really do offer the best rates and terms avai

Mar 10, 2017 |

What Makes A Great Mortgage Broker?

What Makes A Great Mortgage Broker?

What makes a great Mortgage Broker? First, one who will educate the Borrower on the entire loan process so that they feel 100% comfortable.2nd, One who will keep the Realtor, Title Comapany and Borrower abreast of the loan's progress along the way; an

Feb 18, 2017 |

Easy Come Easy Go With FHA Revisions

Easy Come Easy Go With FHA Revisions

The New FHA revisions to the lower monthly mortgage insurance costs have been taken away before they were to take effect 1/27/17. POTUS Trump and his cabinet has decided to freeze all such reductions that would have cost the Government more money, and thu

Jan 27, 2017 |

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