1604, 2020

Should You Consider Postponing Your Mortgage Payments Using Forbearance?

April 16th, 2020|

Refinancing may be a better option than forbearance to save money. You may have heard of the CARES Act that has been making headlines offering relief to those affected by COVID-19, and you may also be wondering how this applies to your mortgage. This law allows borrowers, with federally backed mortgages, to request a payment reprieve in the form of [...]

1004, 2020

Does it Pay to Compare Mortgage Rates from Different Lenders?

April 10th, 2020|

When you are thinking about getting a home loan, one of the first things most borrowers do is look at the current mortgage interest rates. These rates play a significant role in what your payment will be, which can affect how much money you can borrow and what home you can buy. It is a good idea to shop around, [...]

304, 2020

4 Questions People are Asking About COVID-19 and Mortgages

April 3rd, 2020|

As more and more of our lives are disrupted by local, state, and federal policies around mortgages, there are several questions that many people have about how these policies and the COVID-19 virus are affecting mortgages. Here are four questions that many people have around mortgage loan rates, new mortgage loans, refinancing, and home values. 1: Are mortgage rates going [...]

2003, 2020

Important First Steps Before Applying for a Mortgage

March 20th, 2020|

There is a lot of information out there about the mortgage loan process itself—what documents you need, how long each step takes, and more—but not as much information about the important steps you should be taking several months, and even years, before you go to apply for that mortgage. Here are some important things that should be on your radar [...]

1303, 2020

Can You Still Get a Home Loan During Coronavirus Shutdowns?

March 13th, 2020|

There is a lot of uncertainty right now in our healthcare system and society as we try to stay on top of a global pandemic that has changed everything. At the same time that our government leaders are urging (or requiring) people to stay home to prevent the spread of disease, near-record-low mortgage rates have made many people look more [...]

603, 2020

Things That Could Hurt Your Ability to Get a Home Loan

March 6th, 2020|

Whether you are a new homebuyer or someone who has an existing home and is looking to upgrade, it’s important to understand how underwriters look at potential loan applicants, and what kinds of things might raise a red flag and hurt your ability to get a loan or a good interest rate. Here are a few of the most common. [...]