Two Year History Explained
When applying for a mortgage lenders may require a two year history on your income.
Condo Fees, Financial Statements, And Special Assessments
In this blog we’ll review condo fees, the importance of healthy condo association financials and what special assessments are.
What Is A Monoline Lender?
In this post we’ll share some information on Monoline Lenders and why they may be your best choice.
Keeping You In The Loop With Collateral Mortgages
Here is another example of collateral mortgages and the fine print.
Locking In Your Variable Rate To A Fixed Rate
In this post we answer a client’s question about what rate they would get if locking in their variable rate mortgage.
Commitment In The Mortgage Industry
Commitment in the mortgage industry has a lot of meanings, from the point a pre-approval is presented to a lender we receive a mortgage “commitment,” we make a commitment to you as your mortgage broker, and you make a commitment to us as the client.
Property Assessments And Refinancing
Property assessments can have a big impact on your finances if you’ve been thinking about refinancing your mortgage.
Open Versus Closed Mortgages
Fixed versus variable rate might make sense to you, but have you ever heard “open versus closed mortgages?”
Breaking Your Mortgage Early
Most people don’t plan on breaking their mortgage early, but what happens if you end up needing to do this?
Assumable Mortgages
This blog post discusses some of the ins and outs of assumable mortgages. While they occur infrequently, they still do happen and you might have questions.