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Understanding ‘Disposable Income’ and How This Will Impact Your Mortgage Approval

by John Evans | Sep 8, 2016 | Home Mortgage Tips

There are few things more exciting than finding your ideal home, but with the rising cost of housing, a person’s dream home can often come with a very high purchase price. If you’re wondering how much home you can truly afford and how your cost of living...

Buying for Retirement: 3 Reasons Why You’ll Want to Buy Your Retirement Home Before You Retire

by John Evans | Sep 7, 2016 | Home Buyer Tips

Many people dream of buying their ideal retirement home after their career has come to a conclusion – with all that extra free time it seems like it’d be the most logical time to shop around. However, many real estate professionals strongly recommend that...

What’s Ahead For Mortgage Rates This Week – September 6, 2016

by John Evans | Sep 6, 2016 | Mortgage Rates

Last week’s economic reports included readings on pending home sales, construction spending and consumer sentiment. Case-Shiller Home Price Indices for June were released, along with several labor-related reports including national unemployment, ADP Payrolls and...

Can You Use a Reverse Mortgage to Buy Your Next Home? Yes, and Here’s How

by John Evans | Sep 2, 2016 | Home Mortgage Tips

Most people who have been on the market for a home are familiar with what the term ‘mortgage’ means, but many have not heard of a reverse mortgage and aren’t aware of how this product can benefit them. If you’re nearing retirement and are...

Are You Ready to Refinance Your Mortgage? Learn How to Do a Quick Refinancing Self-Assessment

by John Evans | Sep 1, 2016 | Home Mortgage Tips

Whether you’ve decided to renovate your home or you would like to consolidate your debt, refinancing your mortgage can be an option in times of money trouble; however, it’s important to know whether or not this is the right step for you. If you’ve...

The Pros and Cons of Borrowing the Down Payment for Your Next Home

by John Evans | Aug 31, 2016 | Home Mortgage Tips

With the rising cost of real estate, many people feel that now is a good time to buy a home to ensure a good financial future. However, if you haven’t saved up enough money to make a down payment, it’s possible you may be considering whether or not you...

Thinking of Buying a Second Home? Assess Your Finances First

by John Evans | Aug 30, 2016 | Mortgage Tips

The decision to buy a second home may be made for a number of reasons. For example, you may have a destination where you and your family love to spend free time in, and you may be ready to settle into your own space in this location. You may be considering the tax...

What’s Ahead For Mortgage Rates This Week – August 29, 2016

by John Evans | Aug 29, 2016 | Mortagage Tips

Last week’s economic reports included readings on new and existing home sales, a speech by Fed Chair Janet Yellen, and a report on consumer sentiment. Weekly reports on mortgage rates and new jobless claims were also released. New Home Sales Rise in July as...

Why Your ‘Debt-to-Income Ratio’ Number Matters When Obtaining a Mortgage

by John Evans | Aug 26, 2016 | Mortgage Tips

If you are looking to buy a home, you may want to consider shopping for a loan first. Having your financing squared away ahead of time can make it easier to be taken seriously by buyers and help move along the closing process. For those who are looking to get a...

The Type of Home You Want to Buy Determines Your Closing Cost and Here’s Why

by John Evans | Aug 25, 2016 | Mortagage Tips

Savvy home buyers who are preparing to make a real estate purchase should do their research and understand that they need to save money for not only the down payment but the closing costs as well. The closing costs can account for as much as three to five...
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