Finance Skills- Loan Officer, SVP of Operation with"30+ years of mortgage lending, underwriting, with "Personal Financial Analysis."
There are various mortgage products to meet the different financial needs of most borrowers. Those can include Conventional Fixed Rate, ARM (Adjustable Rate), FHA, VA, Jumbo, etc. FNMA (Federal National Mortgage Association) – specific – HomeReady 3% downpayment and more.
The Pros and Cons of Adjustable-Rate Mortgages: Is It Right for You? Read this, and consider all the pros and cons while making your decision. The economy at this point is not stable or predictable. If you’re on the hunt for a mortgage, you’ve likely come across adjustable-rate mortgages (ARMs) as an option. Unlike fixed-rate … Read more
Did you know there is a difference between a HELOC vs. Home Equity Loan? Understanding the Differences and choosing the Best Option is key to getting your equity. If you have built equity in your home, you may be able to borrow against that equity through either a Home Equity Line of Credit (HELOC) or … Read more
Conventional Refinance Mortgages – Types, Term and Guidelines If you’re a homeowner looking to lower your mortgage payment, reduce your interest rate, shorten your loan term, or access home equity, a conventional refinance mortgage may be worth exploring. Conventional refinancing remains one of the most common ways homeowners restructure their mortgage debt because it often … Read more
Conventional Cash-Out Refinance Guidelines: Accessing Your Home Equity in a cash-out refinance. For homeowners with substantial equity, a Conventional cash-out refinance can provide access to funds for debt consolidation, home improvements, emergency expenses, or other financial goals. Unlike a rate-and-term refinance, a cash-out refinance replaces your current mortgage with a new loan that allows you … Read more
Conventional Mortgage Loans are one of the main products of most mortgage lenders. The guidelines are easy to comply with. Are you considering buying a home and wondering about the ins and outs of conventional mortgage loans? We are here to help. Whether you’re a first-time homebuyer or an experienced investor, understanding the intricacies of … Read more
The VA Interest Rate Reduction Refinance is an easy process with great rewards… The Veterans Administration makes it easy for a veteran to refinance his current home loan without any cost out of pocket for those who qualify. All costs may be added to the loan. This loan is referred to as an IRRRL or … Read more