The Mortgage Brothers Show

Up to date news, tips, and advice, so you can make real estate decisions with confidence.

How To Calculate How Much PMI Mortgage Insurance will be?

05-28-2021About MortgagesEddie Knoell

In this episode, we’re talking about PMI. 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.


10% Down Jumbo Loans - Are they available?

05-19-2021About MortgagesEddie Knoell

Yes they are, in this episode we discuss the details. 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.


If I have 1 Mortgage Late in the Past 12 Months, Can I Get Approved for a Mortgage?

05-13-2021About MortgagesEddie Knoell

In this post, we’re talking about mortgage rates and if you can qualify if you have a late mortgage in your payment history. This is a situation that happens to a lot of folks, and we get calls all the time asking this question. In short, absolutely. It’s still possible to get a mortgage if you’ve been late on one in the past. There are lots of reasons people are late. Sometimes the bank is miscommunicating their payments, sometimes it’s a technology issue. It’s not always in your hands.


Can I Relocate and Get a Mortgage While Working Remotely Out of State?

05-03-2021About MortgagesEddie Knoell

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?”