Mortgage Education

Federal Reserve and Mortgage Rates: The Connection

Federal Reserve and Mortgage Rates: Understanding the Connection Introduction When it comes to buying a home, one of the most significant factors that potential homeowners consider is the mortgage rate. What many may not realize is how these rates are influenced by...

Down Payments: How Much Do You Really Need?

Down Payments: How Much Do You Really Need? One of the most significant financial decisions you'll make in your lifetime is buying a home. While the prospect of owning your own property is exciting, it often comes with a hefty price tag. Unless you're fortunate enough...

FHA Loans

FHA Loans FHA loans are an excellent option for many first time home buyers. So what is FHA? “FHA” stand for Federal Housing Administration. FHA is part of the U.S. Department of Housing and Urban Development, also known as HUD. First time home buyers are often...

FHA Loans

FHA Loans FHA loans are an excellent option for many first time home buyers. So what is FHA? “FHA”...

USDA Home Loans

USDA Home Loans USDA home loans offer 100% financing on a mortgage! That means no down payment is...

Shopping for a Mortgage

Shopping for a Mortgage

Shopping for a Mortgage? Are you ready to take on the task of shopping for a mortgage? Allow me to guide you so that you can find your best rate! If you have opened up this article, I would fully expect that you are either looking to purchase or refinance a home. If...

Mortgage Insurance

Mortgage Insurance

Mortgage insurance (MI). What is mortgage insurance? Do I have to have mortgage insurance? Who shops for mortgage insurance? How is mortgage insurance calculated? In this post we get to discover mortgage insurance and how it may or may not impact your loan. Mortgage...

Temporary Interest Rate Buydowns

Temporary Interest Rate Buydowns

Temporary Rate Buydowns Temporary interest rate buydowns are a good option for those who want to get a mortgage and start with a lower payment than the going interest rate. Temporary interest rate buydowns are misunderstood by many realtors and potential home buyers....

Understanding Credit Scores and Reports

Understanding Credit Scores and Reports

Understanding how credit scores and reports work in a mortgage transaction helps you save money with any type of loan. Having good credit score on your report helps you to be eligible to get a lower interest rate. It also assists in reducing the amount of mortgage...

Lowest Rates May Not Be The Best Rates

Lowest Rates May Not Be The Best Rates

When shopping for a mortgage, the lowest rates may not be the best rates. Our society is sucked in to finding the lowest rates so much that many consumers are missing the big picture. Let me help you understand why the lowest rate is not always the best rate. I drive...

The Process of a Home Loan

The Process of a Home Loan

Let's be honest, getting a mortgage is not the most fun process. I mean really, how many times in a lifetime does a person get a home loan? For most people, it's usually not more than a few times. Yet, it is likely the biggest purchase that you will make in your life....