Refinance Basics

What is a private mortgage lender?

What is a private mortgage lender?

Today we’re going to discuss what exactly a private mortgage lender is. This might be a term you’ve heard floating around or someone may have even suggested it to you as a viable option to buy a house. There are some great things about private lenders that you might...

Refinance Closing Costs

Refinance Closing Costs

If you’re shopping around for a refinance or even just considering refinancing your home or investment property you might be wondering how much the closing costs are going to run you.  ORRR, if you’re already in the process of comparing lenders you might be...

Remove PMI on an FHA loan

Remove PMI on an FHA loan

Today we’re going to be talking about removing your PMI on an FHA loan. Can you remove your mortgage insurance, how long do you have to wait, what are the circumstances and rules on getting that pesky extra payment that you have every month off of your mortgage...

How to read a loan estimate

How to read a loan estimate

Today I’m going to be going over what a loan estimate looks like and more importantly how to read it to know if your lender or broker is trying to sneak in those pesky hidden fees which is code for screwing you over. Loan estimates If you’re here you are probably...

What are Discount Points?

What are Discount Points?

Today, we'll go over discount points. We'll examine what exactly are discount points on a mortgage loan. I'll show you how to calculate them and if you should pay them or if they make financial sense in your specific scenario.  Discount Points  What are...

Which Lender Should You Trust?

Which Lender Should You Trust?

Today, we'll go over which mortgage lenders you can trust. Many people aren't sure which lender or broker to trust when they're buying a house or even refinancing their home. In a simple manner, I will explain what you need to do, what questions to ask, and what...

The Mortgage Process from Start to Finish

The Mortgage Process from Start to Finish

Today, I'll go over the entire mortgage process from start to finish. If you've never had a home loan or never purchased a home, you should go through this to know what to expect from the first time you reach out to a mortgage lender to the very last day when you sign...

Why Your Mortgage Escrow Account Keeps Growing

Why Your Mortgage Escrow Account Keeps Growing

Today we’re going to go over why your mortgage escrow keeps growing. Now your mortgage escrow can grow in one of two ways - the number of your escrow balance on your statement grows every month, and then your monthly amount collected can grow every year…we’ll go over...

What is Lender Credit?

What is Lender Credit?

Have you heard of the term 'lender credit' before? Perhaps you saw it online, and it's a little confusing as to why it exists. Are you curious about why some lenders offer it and some do not? Or why do some lenders offer it higher at a certain rate while others do not...

Can you use Cryptocurrency when getting a home loan?

Can you use Cryptocurrency when getting a home loan?

Today, we’re going to be talking about whether or not you can use cryptocurrency for your down payment or closing costs when qualifying for a conventional mortgage loan…the answer may surprise you - I know I was shocked when I heard it myself. What exactly is the...

Lies Mortgage Lenders tell Clients

Lies Mortgage Lenders tell Clients

Mortgage officers often lie. Yes, there are a lot of them out there that are not that honest. Today, we'll be going over four common lies that I've heard from clients who come to me from other loan officers. We'll also go over what you need to watch out for and how to...

Appraisal Waivers

Appraisal Waivers

Are you about to buy or refinance your house or investment property, and you do not want to pay or go through the trouble of an appraisal? There is such a thing as an appraisal waiver; it's also called a PIW (Property Inspection Waiver). How do you get one?  We...

FHA vs Conventional Loans

FHA vs Conventional Loans

Let’s go over the differences between FHA and conventional loans to determine which one is right for you. Whether you’re buying your first home or second home, or perhaps, you’re doing a refinancing and are trying to figure out what kind of loan fits your needs best,...