22 NovFive Hurdles to Mortgage Qualifying

Everyone has heard of the tightening of the credit market but what does that really mean to you?  What does that really mean to you as a home buyer?  Over approximately the past six years we have gone from a race around a track to get a loan approved to a hurdle race.  Let me [...]

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12 AugWhen is Mortgage Insurance Required?

jscreationzs/freedigitialphotos.net When is Mortgage Insurance Required? The three main mortgage types include Conventional, FHA and VA.  Each have their own types of mortgage insurance each with a different name but all do the same thing – protect the lender for a portion of the mortgage in the case you default (foreclose). Conventional Conventional loans normally [...]

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11 NovGovernment Mortgage Loans

Most of the time people are talking about Conventional Mortgage financing when they talk about a mortgage.  Conventional loans offer the most flexibility on the terms and offer unique programs to fulfill the needs of just about every customer.  That was the case until recently, when the “mortgage crisis”, as it is being called, occurred.  [...]

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