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Welcome to our site!
Thank you for stopping by our mortgage web site. Even though we have taken special care and consideration to pack this online resource with a wealth of knowledge about the mortgage and real estate process, we want y ...
8 Questions Your Lender Should Answer About Mortgage Rates
Simply checking online for today's posted rate may not lead to your expected outcome due to the many factors that can cause each individual rate and closing cost scenario to fluctuate. We can preach communication ...
How Much Can I Afford?
How much mortgage money can I qualify to borrow? This is typically the number one question mortgage professionals are asked by new clients. Of critical importance when considering mortgage financing: There is sometimes a difference between what a client ***can*** borrow and what they ***should*** borrow. In other words, what makes for a comfortable long-term mortgage payment? The Quick Answer: If we're simply considering the financial math, lenders will calculate your Debt-to-I ... Read More...
Four Possible Reasons To Refinance
A mortgage is generally the largest debt most homeowners have to manage. It's a good idea to give your personal real estate finance portfolio a check-up at least once a year. Since there are many reasons a ho ...
Seven Things Your Agent Should Know About Your Mortgage Approval
While many experienced real estate agents have a general understanding of the mortgage approval process, there are a few important details that frequently get overlooked. Some of these oversights may cause a purchase to be delayed or even denied.
New regulations, appraisal guidelines, updated d ...
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Do I Need To Sell My Home Before I Can Qualify For A New Mortgage On Another Property?
It is not uncommon for homebuyers to qualify for a mortgage on a new home while still living in their primary residence.
Perhaps you are outgrowing your current house, or have been forced to relocate due to a job transfer? Regardless of the moti ...
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What Do Appraisers Look For When Determining A Property's Value?
Most people are surprised to learn what appraisers actually look at when determining the value of a real estate property.
A common misconception is that the value of a home is determined after the appraiser has completed their physical property inspection.
Typically, the appraiser already has ...
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Where Does My Earnest Money Go?
Hey, I gave my real estate agent a $5000 Earnest Money Deposit check... Where does that money go?
A basic and very obvious question that most First-Time home Buyers ask once their purchase contract gets accepted.
According to Wikipedia:
Earnest Money - an earnest payment (sometimes called earnest money or simply earnest, or alternatively a good- ...
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Renting vs Buying A Home
Buying a home versus renting is a big decision that takes careful consideration.
Yes, there are some tax advantages of owning real estate, as well as the potential to earn equity or pay a mortgage note off after several years.
However, let's address some of the more obvious topics of discussion first.
Benefits Of Renting:
Lower Acquisit ...
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What Does Title Insurance Protect Me From?
By including title insurance when purchasing property, your title insurer takes on accountability for legal expenses to defend your property title, should it ever be challenged.
Many different occurrences can come into play to warrant the need for title insurance.
The title company responsible wi ...
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Duncan Gamlen
With my 30 + years of experience in the mortgage industry I will be delighted to help you achieve your goal of a new home.
