Blog

15 09, 2014

Using 401(K) funds for your down payment

Down Payments|

Using 401(K) Funds for Your Down Payment
You may elect to use funds from your employer’s 401(K) program to come […]

12 09, 2014

Is Refinancing Right for You?

Refinance|

Is Refinancing right for you?
We receive many calls from homeowners today asking if they should refinance their current mortgage. […]

12 09, 2014

Common Misconceptions about Reverse Mortgages

Reverse Mortgage|

Common Misconceptions about Reverse Mortgages 
Misconception: I have to own my home outright to qualify for a reverse mortgage.

Not necessarily. […]

9 09, 2014

What Information Do I Need for Loan Application?

Home Purchase, Loans, Refinance|

What information will be needed for the loan application (and how it’s kept private)
Anything you submit over our website […]

2 09, 2014

What Are Prepaid Fees?

Fees|

What are “Prepaid” fees?
Most borrowers are aware that there are closing costs associated with obtaining a mortgage, however, these are […]

27 08, 2014

What is an Escrow Account?

Home Purchase|

What is an Escrow Account?
To obtain a mortgage loan, you must agree to keep a hazard insurance policy in […]

25 08, 2014

Is a No Closing Cost Loan Right for You?

Fees|

Is a “No Closing Cost” loan right for you?
If you choose our “No Closing Cost” loan option, you will […]

21 08, 2014

No Closing Cost vs No Cash to Close?

Fees, Home Purchase|

“No Closing Cost” vs. “No Cash to Close”
Why they are not the same
If you choose a “No Closing Cost” […]

18 08, 2014

What is an adjustable rate mortgage?

Home Purchase, Loans|

An adjustable rate mortgage (ARM) is a mortgage that has a specified adjusting period where the rate can be […]

15 08, 2014

What is an underwriting overlay?

Loans|

What is an underwriting overlay?
Fannie Mae, Freddie Mac, USDA, FHA, and VA have underwriting guidelines that all lenders must […]