The Pre-approval process Explained

March 9, 2018…We look at 3 different parts of your finances: 1) Your CREDIT a) Your Score helps us determine if you qualify and for which program b) Blemishes: anything that would stop us from lending money c) Minimum Payments on your report: Credit cards, car loans, student loans and personal loans 2) Your Income… [Read More]

Hello, Homeowners: The 8 Most Useful Apps for Your Phone

February 21, 2018… Centriq Once you unbox and set up home appliances, it’s easy to lose the owner’s manual and directions. That’s where Centriq comes in. Simply snap a picture of a product label or nameplate, and Centriq will load the warranties and manuals into the app. It also shares information about replacement parts, streams… [Read More]

How to Buy a Home When Mortgage Rates Are Rising

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February 19, 2018…Mortgage rates have risen about half a percentage point since September. What does that mean for you if you’re buying a home now or plan to buy one soon? For starters, don’t panic. When you’re buying a home, the mortgage rate matters, but it shouldn’t monopolize your attention Read More Here

You Don’t Have to Overpay For Your First Home

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February 13, 2018…A typical first-time home buyer pays thousands of dollars more than an experienced buyer would pay for the same house, according to research from two housing economists. First-time buyers overpaid an average of about $2,200, or 0.79%, for their homes, according to senior economist Jessica Shui and economist Shriya Murthy of the Federal… [Read More]

VA Loans

February 12, 2018…Here you’ll find long-term insurance-free VA home loans that are guaranteed by the United States Veterans Administration. Bank of England Mortgage offers affordable, easy-to-understand VA Home loans in recognition of the contributions and sacrifices veterans have made for America. Whether you’re buying your first home, refinancing your existing mortgage, or thinking of building… [Read More]

***Public Service Announcement***

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January 29, 2018…KNOW YOUR LOAN OFFICER. One of the main issues when I got in the industry back in 2004 was who was, and who was not, a professional loan officer. What does that even mean? Well the creation of the NMLS (NATIONWIDE MULTISTATE LICENSING SYSTEM / NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY) as a… [Read More]

13 Things Homeowners Should Do Immediately To Save Money

January 24, 2017…So you’re one of the lucky 2/3 of Americans who own a home and no longer have to pay rent. That’s great, but by no means is home ownership cheap. With the rising costs of living, finding ways to save money is something that everyone should do. Here are 13 things to do… [Read More]

What Do Mortgage Lenders Review on Bank Statements?

JANUARY 24, 2018…Know which financial weaknesses stand out to lenders so you can strengthen your chances of loan approval. Trained to spot financial mismanagement, mortgage lenders take careful time to review your finances before approving or denying you for a home loan. The role of the lender in approving a loan is to make sure… [Read More]