Mortgage Terminology 101 Navigating the home-buying process can be a challenge, for first-timers and seasoned buyers alike. In addition to looking for the perfect home, prospective buyers need to be knowledgeable about the ins and outs associated with choosing a mortgage, beginning with having a general understanding of the terminology … Read More
Warning: The most popular WORST Mortgage advice and why you should not listen! Getting a mortgage can be a daunting prospect that isn’t at all straightforward. For most home buyers, they want to access a mortgage loan that will help them to purchase the house of their dreams. If that’s … Read More
Rates are again low and banks are loosening up, but sterling credit still pays. After the housing crisis, mortgage lending standards became unreasonably tight for many. In 2014, only 51% of refi applications went through, according to mortgage-software company Ellie Mae, and one that didn’t gained notoriety: That year Ben … Read More
If you’re having trouble saving a down payment, a USDA Rural Development mortgage may be the perfect road to home ownership. The Single Family Housing Guaranteed Loan Program helps lenders work with low and moderate income families living in rural areas to make homeownership a reality. And many areas that … Read More
Source: fanniemae.com The HomeReady™ mortgage can help responsible homebuyers who have limited down payment funds or unique circumstances, such as extended households, buy a home. This, of course, is not something that potential homebuyers go into lightly, luckily there are related articles such as https://www.futuristarchitecture.com/85905-features-of-a-modern-house-what-to-know-before-buying.html that can help with decision … Read More
By Freddie Mac VP and Chief Economist Sean Becketti- originally published on FreddieMac.com on January 4, 2016 After more than a year of false alarms, the Federal Reserve finally decided in December to begin tightening monetary policy by raising the federal funds rate. Economists are pondering the impact of this … Read More
Buying a home that needs a little TLC is a great way to develop an investment quickly, but there are varying degrees of “TLC” that you should consider. First, let’s draw a line to differentiate a quick fixer upper and a total rehab. A fixer upper is a home that … Read More
Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to go it on their own. Much like if you’re considering building a custom home, you’ll want competent professionals like randy jeffcoat builders behind you … Read More
For Centennial Lending Group’s team of mortgage bankers, success is accomplished only when your mortgage experience is free of unnecessary complications and supported with sound advice, open communication and creative solutions. Allow Centennial Lending Group to orchestrate the smooth and stress-free financing of your family’s most significant investment and safe … Read More
In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents go along with the idea to keep their clients happy. … Read More