In this post, we’re going to be discussing how your credit score actually impacts your mortgage interest rate.
In this post, we’re talking about car payments and how they affect mortgages. As loan officers, we're in the business of trying to calculate how much a person qualifies for or not. Because car payments are such an everyday part of life for so many people, we wanted to give a brief rundown of how your car payments might be affecting your mortgage purchasing power.
In this episode, we’re talking about PMI. What does PMI stand for? PMI stands for Private Mortgage Insurance. These come into play with conventional loans. When you have a conventional loan, that is it’s private, non-governmental, this is the insurance that covers these loans.
This post is about jumbo financing, in particular big loans with just about 10% down. A lot of banks have been saying no to these with COVID, but right now some banks are starting to offer them again, which is fantastic news.
This is a question we get quite a lot. A buyer will call up and say, “Hey Mortgage Brothers, I’ve been working for this company in Virginia for years. I’ve been remote, but I've got family in Arizona and I’m thinking of moving. Can I actually move to Arizona and work there? And can I get a mortgage?”