Simplify the home buying process with easy mortgage qualification tips in our guide ‘Simplifying the Home Buying Process: A Guide to Easy Mortgage Qualification.’
Explore the advantages and disadvantages of no cost mortgages for first-time home buyers in our detailed blog post ‘The Pros and Cons of No Cost Mortgages for First-Time Home Buyers’.
Introduction Embarking on the journey of buying a home is a significant milestone and requires careful consideration for informed decision-making. With over 20 years of experience as a mortgage broker in Raleigh, North Carolina, I recognize the significance of asking the right questions to ensure a seamless and successful home buying process. In this blog […]
Your Credit Score: The Magic Number Behind Your Mortgage Dreams! Ready for some real-life magic? Not the ‘rabbit from a hat’ sort, but the kind that unlocks the door to your dream home! Yep, I am talking about that seemingly mysterious three-digit number – your credit score! But does it really hold the key to […]
Navigating the Housing Market During Economic Uncertainty: Debunking Recession Myths The mere mention of a recession can send shivers down the spines of homeowners and potential buyers alike. The haunting memories of the 2007 housing crisis still linger, leaving many to wonder: Will history repeat itself? In this comprehensive exploration, we’ll dissect the potential impact […]
Maximizing Your Home Appraisal Value: A Strategic Guide to Elevate Property Worth When preparing your home for sale, the importance of a comprehensive home appraisal cannot be overstated. The appraised value not only influences potential buyers’ financing decisions but also plays a crucial role in determining the overall success of your sale. In this detailed […]
Investing in Rental Properties: The Pros & Cons You Need to Know! Hey there, fellow money-makers and future landlords! Welcome to another fun, chatty, and enlightening blog post. Today, we’re diving deep into the rollercoaster world of investing in rental properties. If you’ve ever wondered whether it’s a worthwhile endeavor, buckle up! We’re about to […]
Mortgage interest rates are at a twenty-year high. Combine that with the recent run-up in home prices and the result is that many would-be home buyers have been forced to the sidelines because the homes they want are no longer affordable. Waiting for mortgage rates to come down is an option, but it’s likely that […]
In mortgage underwriting, there are three primary considerations – the “three C’s”. Credit, Capacity to repay, and Collateral. Of these, credit is the one people think of most often. The credit category encompasses several different components, but credit scores may be the most meaningful and the most misunderstood. Why are Credit Scores used? Credit scores […]
Mortgage points are fees paid in conjunction with getting a mortgage loan. Each mortgage point is equal to one percent of the mortgage loan amount. As an example, if you take a mortgage loan of $250,ooo, one point would equal $2500. Mortgage points can occur in two forms: origination points and discount points. In both […]